HomeMy WebLinkAbout(1992, 02/10) - O-8 - Amended, combining O-8 & O-9 into O-8C
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LIBRARY GIFT AND DONOR POLICY
GIFTS
The Newport Beach Public Library welcomes gifts and bequests which may be
made to the library.
It is the position of the Library Board of Trustees that gifts and
bequests given to the Library shall be used to supplement those funds
appropriated for use by the Library, and shall not in any way supplant
such funds appropriated for Library salaries and maintenance and
operations of the Library.
DONOR RECOGNITION
1. All donors to the Newport Beach Public Library Foundation ( NBPLF)
shall receive a thank you letter.
2. All donors with contributions of $1,000 or more shall be permanently
recognized on a donor recognition system as follows:
Donor Levels
1 $ 1,000 to $ 2,499
2 $ 2,500 to $ 4,999
3 $ 5,000 to $ 9,999
4 $ 10,000 to $24,999
5 $ 25,000 to $49,999
6 $ 50,000 to $99,999
7 $100,000 and above
3. A special section of the donor recognition system shall be titled
Memorials" recognizing gifts of $1,000 or more made in memory of an
individual.
4. All service clubs, PTA'S, schools or other organizations who
collectively donate $1,000 or more shall be recognized by the
organizational name.
5. Dedication opportunities exist for those donors who make gifts to
specific areas of the library in appropriate, approved locations as
set forth in the document called "Dedication Opportunities."
6. Recognition of pledges shall be based upon the total amount pledged.
Pledges less than ¢100,000 shall have two (2) years for payment;
gifts of $100,000 or greater shall have three (3) years to complete
the pledge.
7. Appropriate recognition items could be given to donors (at the 7
levels listed above) at the discretion of the NBPLF Board. The cost
of such items should not exceed one to two percent (1 - 2%) of the
total amount of the gift.
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DONOR RHCOONITION - Page 2
8. No "plaques" shall be placed on or affixed to any furniture or
equipment in the library.
9. Any exception to this policy will require the express approval of
the NBPLF Board of Directors.
Adopted - March 11, 1991
Amended - October 28, 1991
Amended - February 10, 1992