What are allowable gift expenses using Enterprise Funds?
A gift or employee award is considered allowable when they are infrequent and serve a clear University business purpose. The gift or award must be within the limits of the gift guidelines and not otherwise restricted by the fund. The gift or award must not result in taxable income to the recipient. Gifts should be cost effective and in accordance with the best use of public funds Examples of occasions where gifts charged to Enterprise Funds are allowable: length of service, work achievement, retirement, congratulatory, sympathy, appreciation, or recognition. Promotional items may also be charged to Enterprise Funds.
