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8-4: Gift and Award Policy

Issued:  09-01-2011

1. Purpose

This policy describes the rules and requirements for using College funds to pay for gifts and awards for employees, associates, and other individuals (including students; and, is designed to provide reasonable assurance that recognition awards, rewards, and prizes distributed by the College are properly captured as subject to appropriate tax reporting.

2. Policy

The Gift and Award Policy is currently under review.  Please contact the Controller's office for questions regarding purchases of gifts.