Philanthropic Fee Policy Announced

UB Seal on Crosby Hall.

Published July 27, 2021

The Philanthropic Fee Policy, approved and signed by President Tripathi, is available in the University Policy Library

Overview

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The University at Buffalo will assess a fee on philanthropic revenues received by the university. The fee is assessed to offset the costs of gift administration as well as applicable transaction, fiduciary, and reporting costs.

Donors will receive legal and recognition credit for their entire gift amount (before fees are deducted). Gift minimums outlined in the Naming University Properties, Facilities, and Academic and Non-Academic Programs Policy are based on the donor’s full gift amount before fees are deducted. A donor may elect to provide for the fee by making an additional gift so that the intended value is applied toward the donor-designated purpose.

Applicability

This policy applies to all charitable gifts accepted by the UB Foundation on behalf of the university.

Guidance

Questions can be directed to University Advancement at 716-645-2925 or donorrelations@buffalo.edu