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    Acceptance of Gifts of Real Property

    Policy Statement                                                               

    This policy sets forth the procedures which Adelphi University shall follow to accept title to gifts of real property. The policy is intended to safeguard the University against accepting gifts of real property that are difficult to market or are encumbered with defects that could put the University at risk once the institution is in the chain of title.

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    Reason for Policy                                                                    

    To provide guidelines for accepting and valuing gifts of real property.

    Who Is Governed by this Policy                                         



    Policy Owner                                                                  

    Brady Crook 

    Secondary Contact

    Jim Perrino

    Document History                                                      

    • Last Reviewed Date: September 24, 2017
    • Last Revised Date:September 24, 2017
    • Policy Origination Date: September 1, 2017

    Who Approved This Policy

    Jim Perrino, Executive Vice President, Finance
    Brady Crook, Vice President, University Advancement



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