DONATED MATERIALS

The Board is duly appreciative of public interest in and good will toward the schools manifested through gifts, grants and bequests.  The Board reserves the right, however, to specify the manner in which gifts are made; to define the type of gift, grant, or bequest which it considers appropriate; and to reject those which it deems inappropriate or unsuitable.

Any material or equipment donated to the schools by any person or organization becomes the sole property of the Board.

The principal/director shall notify the Property Management Specialist when they receive donations which must be marked and accounted for, as set forth in F.S. 274, in compliance with Chapter 10.400 of the Rules of the Auditor General.  Notification shall be via completed Form #330 (Equipment Acquired Through Internal Funds/Donations).

The principal/director will be responsible for establishing true market value using an appropriate source of information and recording the figure in the cost section.  Written documentation of how market value was established is required.  Acceptance of donation estimated to exceed $5,000 shall be conditioned upon the receipt of a qualified appraiser or other documentation acceptability to the Director of Finance.

Form #330 for donations involving vehicles, boats, and trailers should be forwarded to the Transportation Department along with the title bearing the signature of a person making the donation.  Titles cannot be accepted if a value has been written on the title.