NOTICE: The Finance Policies and Procedures Manual, along with the previous manual, is undergoing changes. These sites are continually updated to reflect changes in business processes. If you cannot find the information you are seeking in these policies, email financecomm@unc.edu for more information.
Policies and Procedures

Procedure 602.1 – Receiving Gifts of Equipment to the University

Effective
July 1, 1999
Last Updated
July 7, 2010
Responsible University Officer
Director of Logistics
Responsible Unit
Asset Management

Procedure Statement

Capital equipment can be acquired through gifts to the University. Gifts may be designated for certain types of scholarly endeavors but are free of most restrictions. The Development Office coordinates gifts to the University.

Forms and Instructions

When capital equipment is determined to be a gift to the University, Asset Management must be notified of items that meet the criteria for controlled equipment as specified in Policy 601. Advising Asset Management of a new equipment item to be tagged is accomplished by submitting a copy of the Form 602.1.1f, Equipment Donations/Gifts to Asset Management.

Related Data

UNC Development Office

History

Revised:
July 7, 2010
January 7, 2008