USAFAI51-601 — Usaf Academy Management And Use Of Gift Funds

USAFAI51-601 governs the management and use of gift funds at the United States Air Force Academy.

Search USAFAI51-601

  • Publication number: USAFAI51-601
  • Title: USAF ACADEMY MANAGEMENT AND USE OF GIFT FUNDS
  • Date: 2024-05-03

View USAFAI51-601 on armypubs.army.mil

USAFAI51-601 covers gift acceptance authority, gift fund accounts, allowable uses, restrictions, and the Gift Opportunities List process. It requires controls for accepting, tracking, spending, and stewarding gift funds.

Applies to: This instruction implements United States Air Force Academy (USAFA) policy for the management and use of gift funds and it applies to all USAFA agencies.

Topics covered

  • Gift acceptance authority
  • Gift fund accounts
  • Offer of Gift requirements
  • Gift fund spending restrictions
  • Gift Opportunities List
  • Donor stewardship

Questions and answers

What happens when a check is received without an Offer of Gift?

A check received without an Offer of Gift will be returned unless a proper gift offer follows. (paragraph 2)

How many signatures must an Offer of Gift from a business or organization include?

An Offer of Gift from a business or organization must include two signatures. (paragraph 2)

How are gift sub-accounts used?

A gift sub-account will be established by A8D for all conditional and unconditional gifts to ensure the funds are used for the purpose intended by the donor. (paragraph 2)

Can gift funds be combined with Official Representation Funds?

Gift funds cannot be combined with Official Representation Funds (ORF) to fund the full cost of an ORF event without prior approval of SAF/AA. (paragraph 3)

What is prohibited when using gift funds for spouses and family members?

Funds shall not be spent to directly benefit spouses and family members if their participation is voluntary and not required. (paragraph 3)

Ask Reggie.Bot a question about USAFAI51-601