Employee Handbook v.2024.docx

When CODAC receives a donation of goods and/or services, often referred to as a "Gift in Kind," an “In-Kind Donation” or a donation of individual or corporate services (e.g., advertising, printing, installation, etc.) and the value of that donation is determined to be less than $5,000, the donation is processed as a non-cash donation and is considered restricted in nature. The donor should complete the Donation Receipt and Tracking Form. This tracking form must be signed by the person receiving the donation. A copy should be given to the donor and a copy should be forwarded to the Marketing & Fundraising Department within five business days for processing. CODAC does not issue a receipt showing the fair market value of such donations but acknowledges receipt of the object or services for donations made to a program/service. When available, the fair market value indicated by the donor is recorded in the donor database. The Executive Committee of the Board of Directors makes the final decision about acceptance of donations that may be deemed to fall outside of established policy guidelines. CODAC is not required to accept any charitable donations or contributions.

Employee Handbook v. 06.2024

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