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Would this be considered as a gift?

  • 1.  Would this be considered as a gift?

    Posted 29 days ago
    Dear All,

    One of our Corporate donors would like to establish a scholarship in their name, they would prefer that the scholarship recipient is one of their employee's children, they will not impose a certain scholar but they will nominate several students for the university to choose from. Does this qualify as a gift?

    Thank you for your help
    Regards
    Farida

    ------------------------------
    Farida Ahmed
    Director, Gift Administration
    The American University in Cairo
    farida@aucegypt.edu
    ------------------------------


  • 2.  RE: Would this be considered as a gift?

    Posted 29 days ago
    This is not a gift.  While the institution will select the recipient the donor has too much control over the pool of candidates.

    John 

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard