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Board adopts revised gifts policy to recognize donors giving $100 or more; implementation set for 2025‑26 school year
Summary
After discussion about tracking and anonymous donors, the board unanimously approved revisions to Policy 8.40 to list donations valued at $100 or more on the board agenda beginning the 2025‑26 school year, with administrative regulations to guide implementation.
The Beloit School District Board of Education voted unanimously May 6 to approve a revision to Policy 8.40 (Public Gifts to Schools) that lowers the reporting threshold so donations valued at $100 or more — including in‑kind gifts — are formally listed on the board agenda, unless a donor requests anonymity.
Board member Amy Levy proposed language that added “valued at $100 or more (including in‑kind donations)” and specified that acceptance of the gift or bequest be included on the board agenda “excluding donors that…
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