4.25 Gifts

Employees may not accept or solicit personal gifts of any kind from any student or any individual or firm doing business with or seeking to do business with the College.

Procedures:

4.25.1 A gift is defined as (a) any item with a cash value exceeding $25, or (b) a combination of gifts from one source over the course of a one-year period which totals more than $25.

4.25.2 Complimentary tickets, passes, or coupons with no stated cash value are considered gifts for the purposes of this Policy if the normal price of admission for the event exceeds $25.

4.25.3 Expenses for meals in conjunction with the discussion or transaction of College business are not considered gifts for purposes of this Policy.

4.25.4 Promotional items of inconsequential value such as pens, cups, hats and shirts are not considered gifts for purposes of this Policy.

4.25.5 Sponsorships, donations, or items of value exceeding $25, when accepted or solicited on behalf of the East Central College Foundation are not considered gifts for purposes of this Policy.

4.25.6 Any exception to this Policy must be approved in advance by the President or his/her designee.

(Adopted 8-25-2008)