It is the season when people like to express gratitude or appreciation to employees, colleagues and students in the form of a gift. University funds may not be used for the purpose of gift giving. Gifts are defined as voluntarily giving something and not receiving anything in return. It is a payment to show favor, honor, or gesture. Gift examples include cash, check, merchandise, gift cards, etc.
As a public institution, the University must demonstrate the prudent use of funds entrusted to it by its various constituencies. The general public, legislators, students, donors, and granted organizations and individuals must be assured that funds are wisely spent and do not personally benefit University officials and employees.
Laura Nelson, Director of Finance, Procurement & Payment Services