Donations and Gifts
Gifts of Equipment
A department receiving equipment as a gift is responsible for submitting an Additions Form to CAM, including all pertinent information for recording that asset in the asset management system. A gift may include any "free" equipment a vendor offers, or a donor that gives a department a piece of equipment.
Gifts of Money
Gifts of money to the University are deposited into appropriate gift accounts and any purchases of equipment made from these accounts are recorded as purchases in the same manner as described in Purchases of Equipment.
Gifts of Real Property
The University must follow due diligence and approvals in order accept a gift of real property. Please see the Real Property Gift Policy for further information.