Gift Acceptance Policy Manual

Established on March 3, 2021

All gifts accepted by the Montgomery College Foundation (MCF) shall conform to all applicable tax laws and regulations, in particular those affecting nonprofit organizations and charitable giving.

All gifts accepted by MCF shall be recorded and will be receipted by the foundation finance department. Flexibility will be maintained regarding gift acceptance, since some gift situations may be complex, and proper decisions can be made only after careful consideration of all relevant factors. The merits of a particular gift may require extensive evaluation by appropriate staff or board committee, or, when necessary, by outside advisors.

Gift Acceptance Policy (PDF, )