660 Fundraising from Private Sources

The Indiana State University Foundation is a separately incorporated 501(c)(3) and serves as the primary fundraising and resource development entity for Indiana State University. The Foundation is responsible for identifying and nurturing relationships with potential donors and other friends of the University, soliciting cash, securities, real and intellectual property, and other private resources for the support of the University, and acknowledging and stewarding gifts in accordance with donor intent and the Foundation’s fiduciary responsibilities.

University employees shall direct all philanthropic gifts to the Foundation for receipt, management, and stewardship.

• 660.1.1 Gifts from Foreign Sources. All Gifts (as defined under IC 21-30-7-7) received by the University or the Foundation from any Foreign Source (as defined under IC 21-30-7-6) shall be reported to the President of the University not later than the date on which such a gift is received.