Purpose
The purpose of this procedure is to assure that the College remains compliant in reporting de minimis fringe benefits with the IRS.
Narrative
Gifts officially presented by the college to college employees, students, and others to recognize certain personal occasions that arise (retirements, serious illness/injuries, deaths, special awards, etc.) may be purchased only from non-tax generated funds. Employee gifts or awards must first be approved by the College president or the president's appointee.
This policy does not preclude the purchase of a gift by departmental employees or individuals who may wish to make personal contributions for a gift to be presented.