Only the Ocean Gate Board of Education may accept for the school district any bequest or gift of money, property or goods.

The board reserves the right to refuse to accept any gift that does not contribute to the achievement of district goals or could deplete the resources of the district.

Any gift accepted by the board or the chief school administrator shall become the property of the board, may not be returned without the approval of the board, and is subject to the same controls and regulations as are other properties of the board. The board shall be responsible for the maintenance of any gift it accepts.

The board will make every effort to honor the intent of the donor in its use of the gift, but reserves the right to use any gift it accepts in the best interest of the educational program of the district. In no case shall acceptance of a gift be considered to be an endorsement by the board of a commercial product or business enterprise or institution of learning.

Grants

Staff members are encouraged to seek out sources of grants and gifts, and bring them to the attention of the chief school administrator, who shall investigate the conditions of such grants and make recommendations to the board regarding the advisability of seeking them.

NJSBA Review/Update: August 2008, October 2017
Adopted: January 21, 2009
Reviewed:

Key Words

Gifts, Grants, Bequests

Legal References: N.J.S.A. 18A:6-33.1
through -33.12 Incentive Grants
N.J.S.A. 18A:18A-15.1 Payment for goods or services; funds received from a bequest, legacy or gift
N.J.S.A. 18A:20-4 Acceptance and use of gifts
N.J.S.A. 18A:20-11
through -16 Property devised in trust
N.J.S.A. 18A:29A-1
through -7 Governor’s Annual Teacher Recognition Act
N.J.S.A. 18A:71A-1 et seq. Authority Structure and General Provisions
N.J.S.A. 18A:71B-1 et seq. Student Financial Aid
N.J.S.A. 18A:71C-1 et seq. Student Loans
N.J.A.C. 6A:26-7.4 Approval of land acquisition

Possible
Cross References: *1230 School-connected organizations
3200 Income
*3220/3230 State funds; federal funds
*3453 School activity funds
*5126 Awards for achievement
*6163.1 Media center/library

*Indicates policy is included in the Critical Policy Reference Manual.