APPROVED BY COLLEGE BOARD April 9, 1986
APRIL 17, 1986

FUNDRAISING POLICY OF DOUGLAS COLLEGE
RATIONALE

A growing need for increased financial support for Douglas
College activities has led the College to establish the Douglas
College Foundation. The Foundation will take an active role in
support of fundraising efforts of constituency organizations, College
departments, and College personnel actively engaged in fundraising
activities. In addition, the Foundation will provide fund management
services for funds so raised for the College.

POLICY STATEMENT

The Douglas College Foundation shall be the fundraising agent of
Douglas College. The Foundation is responsible for approving,
coordinating and acknowledging all solicitations made on behalf of
Douglas College for private support.

RELEVANT COLLEGE PHILOSOPHY/GOALS STATEMENT

To provide, through its curriculum and facilities, opportunities
for the College to be a major community centre for academic,
occupational, athletic, cultural and social activities.

NATURE OF SOLICITATION PROGRAMS

The Foundation will undertake activities designed to raise funds
for Douglas College. Students, College personnel, alumni and friends
of Douglas College will have an opportunity to make a contribution to
the institution on a yearly basis. The Foundation will establish a
number of giving programs to encourage these contributions and will
publish an Annual Report each spring to recognize donors according to
their wishes. All donations are eligible for a tax deductible
receipt.

REGULATIONS FOR APPLICATION

Applications from College departments will be reviewed by the
Foundation Directors in the fall and spring of each year. Guidelines
for submitting funding requests will be developed by the Foundation
and publicized to the College community. The Foundation will be
responsible for acknowledging all donations from the private sector
made to Douglas College. The Foundation will encourage cooperative
relationships in support of fundraising efforts by groups associated
with the College.

OBJECTIVES

The Foundation has the responsibility of soliciting, receiving
and recording gifts made to Douglas College from business and
industry, foundations, and other private sectors. Bequests and gifts
of property are also handled by the Foundation. The Foundation Board
of Directors manages the assets of the Foundation, makes short and
long-term investments and allocates funds to the College as they
become available. The Foundation office maintains records of giving,
files reports and submits legal documents to auditors.