How and by whom is the Annual Campaign money spent?
In most cases, donors make gifts for specific interests — to create scholarships or support academic programs, for example. A gift is restricted when the donor writes on a check, reply card or other correspondence indicating how the gift is to be used. The designation of a gift is confirmed on the receipt returned to the donor. Expenditures of these gift funds must be for purposes that meet the guidelines established for each account. When it comes to unrestricted funds, the Foundation staff and board work with institutional leaders to identify high priority activities.
