Business, Management, and Financial

Gift Acknowledgement

Acknowledgment
Whoever receives gifts of consideration, whether it is equipment, materials, or money for a special purpose, must notify the President’s office of the gift. The President’s office will acknowledge receipt of the gift. A list of contributors should be placed in the Colby Free Press twice a year, January and July. [Revised April 22, 2014]

Honor Boards
The College will maintain updated boards that acknowledge these individuals, companies, trusts, and foundations who have contributed to the institution. Names will be engraved annually in July on the plaques. The boards will be purchased through donation, not general college funds. Separate acknowledgement shall be given to donations given toward scholarships, current needs or capital outlay. The College shall also maintain an updated lifetime contribution board for those who have given a minimum of $100,000 to Colby Community College. [Added April 22, 2014]

Naming of Facilities
Colby Community College may recognize donors of large monetary gifts or those who clearly have provided exceptional service to the institution by naming specific facilities for them. Facilities may be named for a donor if one of the following conditions is met:

1. An individual, family, business, corporation, and/or other charitable entity has given at least $500,000 and recognized by the Board of Trustees upon recommendation from the CCC administrative team as being an eligible recipient of the honor. [Revised October 2016]
2. An individual has (a) served a minimum of 15 years at CCC; (b) been recognized as outstanding by the public, students, faculty, and administration; and (c) is supported by the Board of
3. Be recognized as an individual who has truly impacted Colby Community College beyond monetary measures.
4. All recommendations will formally be made by the President of Colby Community College, in open session, at a Board of Trustees meeting. All recommendations must be formally approved by the Colby Community College Board of Trustees.