Transfer of Boise State Funds to Boise State University Foundation (Policy 6040)
University Policy 6040
Last Revision Date
Vice President and Chief Financial Officer, (208) 426-1200
Scope and Audience
This policy applies to all university funds transferred to the Boise State University Foundation.
State Board of Education Policy, Section V.E.
1. Policy Purpose
To establish policy for the transfer of University funds to the Boise State University Foundation.
2. Policy Statement
This policy is to ensure uniformity in the manner in which university funds are transferred to the Boise State University Foundation.
3. Responsibilities and Procedures
3.1 Authorization for Transfer of Funds
No funds received by the university will be transferred to the Boise State University Foundation unless the transfer is approved by the Vice President for Finance and Administration (VPFA). In order to apply for this transfer an applicant must complete an Authorization to Transfer Boise State University Funds to the Boise State University Foundation form and forward it to the Office of the VPFA.
3.2 Eligibility of Funds for Transfer
Only those funds that are unrestricted and do not obligate Boise State University to the donor in any way are eligible for transfer.
Checks which are made payable to Boise State University and are received by the Boise State University Foundation should be deposited with the Payment and Disbursement Center.
May 2002; October 2007