DIXIE STATE COLLEGE OF UTAH

POLICIES AND PROCEDURES MANUAL


Section: 7-Institutional Advancement

Policy No: 22

Approved: 9/26/96

Policy: PLEDGE FORMS AND PLEDGE TIME PERIODS

7-22 PLEDGE FORMS AND PLEDGE TIME PERIODS

22.1 PURPOSE

To standardize pledge forms and to limit the time period over which a pledge is to be paid.

22.2 POLICY

22.2.1 Pledge forms used in conjunction with any fund-raising program or event should be approved in advance by the Institutional Advancement Office to ensure the gathering of adequate pledge data and documentation, coordination with the college's computer system, and implementation of proper pledge billing procedures.

22.2.2. The recommended time frame for development pledges is one to three years, preferably one year. Pledge periods that exceed three years should be approved in advance by the Institutional Advancement Office.

22.2.3 Pledges are not included under revenue on the college financial statement.