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A Foundation gift receipt or acknowledgement required to satisfy the IRS requirements should not be confused with the acknowledgement of specific kinds and levels of giving. An acknowledgement is a personalized thank you and is prepared for all gifts of $10,000 and greater. The Donor Relations and Stewardship Unit are responsible for the acknowledgement letters. A report is provided each day that lists the donors and gifts of $10,000 or more.
Deans, directors, department heads, and chairmen of all divisions will have the opportunity to write to all donors who support their respective areas. The Income Summary report is sent out each week via e-mail with the pertinent information, and departments are strongly encouraged to establish acknowledgement procedures.