Policy 736: Gifts and Donations for Perpetual Endowment Trust Fund

I. គោលបំណង

The purpose of this policy is to provide guidelines for the acceptance of gifts by the School Board for the Perpetual Endowment Trust Fund and the management of non-cash gifts including but not limited to stock, vehicles and real estate.

II. សេចក្តីថ្លែងការណ៍ទូទៅនៃគោលនយោបាយ

ក្រុមប្រឹក្សាអប់រំនៃសាលារៀនសាធារណៈ Minnetonka លើកទឹកចិត្តដល់ការប្រើប្រាស់អំណោយ និងអំណោយដើម្បីបង្កើនគុណភាពអប់រំដល់ទាំងសិស្ស និងប្រជាពលរដ្ឋ។ ការចូលរួមពីសហគមន៍តាមរយៈអំណោយ និងអំណោយអនុញ្ញាតឱ្យស្រុកចែករំលែកជាមួយអតិថិជនរបស់ខ្លួននូវចក្ខុវិស័យ បេសកកម្ម និងជំនឿរបស់ខ្លួន។

III. REQUIREMENT

Gifts and donations to the District Perpetual Endowment Trust Fund include monetary or in-kind contributions given to the District by groups, organizations, businesses, or individuals for the purpose of enhancing either the district’s educational programs and/or physical facilities.
The proposed use of the donation must be consistent with the mission of the Perpetual Endowment Trust Fund to build a corpus that will generate investment earnings to maintain School Board-designated Programs of Significance for perpetuity.
The School Board reserves the right to accept or decline any gift based upon legal, ethical, financial, operational, or educational considerations.
Contributions of assets other than cash, such as stock, vehicles, or real estate shall be immediately sold and the subsequent cash proceeds invested in the investment vehicles authorized in Minnesota Statutes 118A.04.

IV. IMPLEMENTATION

ដើម្បីធានាបាននូវការប្រើប្រាស់អំណោយ និងអំណោយឱ្យបានច្រើនបំផុត អ្នកបរិច្ចាគដែលមានសក្តានុពលត្រូវបានជំរុញឱ្យពិគ្រោះជាមួយអធិការ ឬអ្នកតំណាងមុនពេលធ្វើការបរិច្ចាគ។

Note: The provisions of this policy substantially reflect statutory requirements.