423.2 Artifacts and Other Gifts of Art to the University

Created by: Stephanie Ferguson on 02/06/1999
Category: 4 - Development & Alumni Affairs; 20 - Fund Raising
 
Originator: President
Current File: 423.2
Adoption Date: 12/17/1998
Reviewed for Currency: 05/24/2007
 
Replaces File: 423.2
Date of Origin: 07/02/1984
 
Classification:
 
In Archive? 0


423.2 Artifacts and Other Gifts of Art to the University

 

A. Background

On occasion the University has the opportunity to receive as gifts objects of art such as paintings, sculpture, ceramics and similar artifacts. Because of limited space, the value of the objects involved, and the cost in maintaining such items, the following policy is in effect.

 

B. Policy

Furman University seeks gifts of an artistic, historical, and aesthetic nature which fit within the teaching/instructional programs of the academic departments for which they are intended or within the overall scope of the University's mission.

 

C. Guidelines

1. The University archivist, the Development Department, and where appropriate, the academic department involved, will examine the potential gift and determine its appropriateness for Furman's collection.

2. In order to maintain accurate gift records on Furman's donors, the Development Department will record and acknowledge all gifts which are accepted.

3. The University archivist will officially receive the gifts for the University and will inventory and photograph each piece. He will then put the item in storage or permanently assign it to the appropriate academic department or university office. In all cases, the University archivist will maintain a file indicating the location of each item. Periodically the archivist will inspect all items in order to verify their location and condition.

4. The monetary value of an item, if any, is the responsibility of the donor; a written statement of the appraisal should accompany the item.

5. The University reserves the right to sell, trade, or dispose of in any manner such donations to the college.

6. If there are unusual costs involved in housing, protecting, preserving, or servicing items donated, the University may, as a condition of acceptance, require endowment to cover such costs.

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