802.07 – Gifts, Grants, and Bequests

The Board believes gifts, grants, and bequests to the school district may be accepted when they will further the interests of the school district.  The Board will have sole authority to determine whether the gift furthers the interests of the school district.

Gifts, grants, and bequests are approved by the Board.   Once it has been approved by Board action, a Board member or the Superintendent may accept the gift on behalf of the school district.

Gifts, grants, and bequests once accepted on behalf of the school district become the property of the school district.  Gifts, grants, and bequests are administered in accordance with terms, if any, agreed to by the Board.

Legal Reference: Code of Iowa Chapter 279.42, 565.6 (2003)

Date of Adoption:  July 1, 1985

Reviewed & Revised: July 1, 1996; February 7, 2005; January 18, 2010; June 27, 2016