Estate Gifts Overview

The largest gifts to the University have traditionally been estate gifts, which may be used for restricted or unrestricted purposes.

Gifts from the estates of deceased donors consisting of property that is not acceptable shall be rejected only by action of the Gift Acceptance Committee. The legal counsel of UGAF shall expeditiously communicate the decision of the Gift Acceptance Committee to the legal representative of the estate. If there is any indication that the representatives of the estate or any family member of the deceased is dissatisfied with the decision of the Gift Acceptance Committee, this fact shall be communicated to the Gift Acceptance Committee or to the appropriate member of the development staff as quickly as possible.

Attempts shall be made to discover bequest expectancies whenever possible in order to reveal situations that might lead to unpleasant donor relations in the future. When possible, intended bequests of property other than cash or marketable securities should be brought to the attention of the Gift Acceptance Committee and every attempt be made to encourage the donor involved to conform his or her plans to UGAF policy.