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Louisiana Tech University

Policies & Procedures

Policy 3105 - Gift Allocation

Effective Date: 8/26/2000

Responsible Office: Vice President for University Advancement

Without exception, each gift received by the Foundation is credited to the appropriate Foundation fund according to information provided by the donor. Restricted Foundation funds are established for the use of the colleges, departments, or other university units and programs. All gifts received without designation are treated as unrestricted.

Gifts to endowments that are not specified to be applied to the corpus of the endowment are allocated as follows: