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Approved Projects at Designated Schools
In general, "approved projects" include any of the following; donors who wish to contribute for a purpose not listed below should contact the United Board before making their contribution.
To protect the tax deductibility of gifts and in compliance with U.S. tax regulations, the United Board can receive
contributions for overseas schools only for approved projects
at those schools, not for their general expenses. Approved projects include:
| 1. |
student scholarships
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| 2. |
library support (acquisitions, on-line resources, etc.) |
| 3. |
faculty development support: faculty scholarships and training |
| 4. |
support for faculty salaries and benefits (merit prizes, professorial chairs, etc.) |
| 5. |
support for a particular academic department named by the donor |
| 6. |
programs to strengthen Christian presence on campus (campus ministry, chaplaincy programs, etc.) |
| 7. |
programs that involve building networks and linkages with other institutions |
| 8. |
capital projects: building campaigns |
| 9. |
endowments held by schools and approved by the United Board |
| 10. |
United Board endowments, which are permanent funds whose purposes and terms must be individually approved by the trustees of the United Board, and which provide reliable yearly support to the named school |
The United Board remits contributions to the specified schools quarterly, as designated grants for the purpose indicated by the donors. The United Board monitors the appropriate use of all funds by requiring reports from the schools about how its grants, including designated grants, are used.
The United Board informs the schools of the names and addresses of all donors, except for those who have requested anonymity, and the names of all contributors (except those requesting anonymity) are listed in the appropriate giving category of the United Board's annual report.
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