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HomeMy WebLinkAbout(1991, 03/11) - O-8 - Adopted (Donor Recognition)0 -B POLICY ON DONOR RECOGNITION I. All donors to the Newport Beach Public Library Foundation ( NBPLF) shall receive a thank you letter. II. All donors with contributions of $1,000 or more shall be permanently recognized on a donor recognition system as follows: Donor Levels 1 $ x'1,000 to $ 2,499 r 2 .$ 2,500 to $ 4,999 3 ; $ 5,000 to $ 9,999 4 f tt $ 10,000 to $24,999 5 xF' $ 25,000 to $49,999 6 $ 50,000 to $99,999 f 7 , $100,000 and above III. A special sectiont the donor recognition system shall be titled Memorials" recognij 2ng gifts of $1,000 or more made in memory of an individual. IV. All service clubs,; PTA'S, schools or other organizations who collectively donate $1,000 or'more shall be recognized by the organizational name. V. 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." VI. 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 1001000.or greater shall have three (3) years to complete the pledge. VII. 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. o -B POLICY ON DONOR RECOGNITION - Page 2 • VIII. No "plaques" shall be placed on or affixed to any furniture or equipment in the library. IX. Any exception to this policy will require the express approval of the NBPLF Board of Directors. Adopted - March 11, 1991