Unrestricted Donation Policy Unitarian Society of HartfordUSH Internal AffairsPoliciesUnrestricted Donation Policy Unrestricted Donation Policy Approved by the Board on April 4, 2017 The following policy adopted by the USH Board of Directors applies to all gifts and donations to USH which are not otherwise restricted as to their purpose. The disposition of all donations and gifts to USH as well as the expenditure of funds from the General Fund or the Endowment is a responsibility given to the Board of Directors under the USH Constitution and By-laws. In receiving donations and gifts the following procedures shall be used.* Unrestricted Gifts and Donations under $10,000 The gift or donation shall be deposited into the General Fund. If the gift or donation is in excess of $100 USH staff shall inform the Ministers, the Board Chair and the Chair of the Finance Sub-Council. An acknowledgement of the gift will be sent to the donor or the family of the deceased in whose memory the gift or donation is made. These gifts may remain in the General Fund and used as the Board of Directors determines. Unrestricted Gifts and Donations of $10,000 or more The gift or donation shall be deposited into the General Fund. The Ministers, the Board Chair and the Chair of the Finance Sub-Council shall be advised of the gift. An acknowledgement of the gift will be sent to the donor or the family of the deceased in whose memory the gift or donation is made. The donation shall be transferred to the Endowment. The Finance Committee shall recommend to the Board whether the gift or donation, or any portion thereof, shall remain in the Endowment or be used for a special project or for existing, pending or planned capital improvements. If the gift or donation is in excess of $10,000 the Board shall solicit comments from the USH membership on the proposed disposition of the gift or donation. The numbers set out in the Donation Policy shall be adjusted as deemed appropriate by the Board of Directors to account for inflation.