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Board approves revised donation-management language, establishes three-tier system
Summary
The Port Ludlow board approved updated language for donation management that organizes gifts into three tiers by value; the financing committee said the change clarifies handling and reporting of donations.
The Port Ludlow board approved a revision to section 4.6 of its donation-management policy that formalizes a three-tier approach to classifying gifts by value, a board member said at the meeting. "There are 3 different tiers" the board member told the group while outlining the financing committee's recommended wording, and members voted in favor when the Chair called the question.
The financing/fundraising committee had circulated the proposed language and suggested small technical edits prior to the vote, the board member said. The committee also reported raffle sales of $650 to date and promoted an upcoming donor-appreciation event; the board asked fundraising leads to submit sponsor information so the organizers can follow up.
