Is there a clear definition of philanthropic gifts, which would help us identify income eligible for matching?
Eligible gifts are donations of cash or shares which are given voluntarily with philanthropic intent for the benefit of the institution. After receipt, the institution must own the donation in full, and any work, project or intellectual property that results. There must be no contractual conditions attached to the donation. A donor can request that a specific area should benefit from their donation (for example, research, a school or faculty), but this cannot become a condition of the donation. The institution may report informally on the use or impact of their donation as appropriate, but the donor may not retain any explicit or implicit control over it. Neither can the donation benefit the donor – the donor should not receive exclusive information or rights, promotion or sponsorship (indirectly or requested), preferential consultancy arrangements, or any other forms of financial benefit.
