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Board hears explanation of proposed major‑gift policy, including naming and vetting rules
Summary
Board members asked whether the proposed major‑gift acceptance policy would require board approval for large donations or naming opportunities; staff member Lynette said the policy defines what constitutes a 'major gift,' that naming rights must comply with state law and that real‑estate gifts would come before the board.
Director Phillips asked for clarification about item 7 and whether a philanthropic donor’s gift would require board approval. "The policy, again, defines what a major gift is," staff member Lynette said, adding that gifts involving real estate or naming opportunities would come before the board and must comply with state statutes.
Lynette said the city intends to create a consistent process so department directors and the city manager know which gifts they can approve and which must be routed to the board for vetting and approval. She said vetting would include background checks on prospective donors and legal review to ensure compliance with state naming rules; she added the legal team and the Office of the Executive Administration have worked on the policy since late last year.
