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What types of gift expenses are not allowable in any fund?

allowable expenses fund gift types
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What types of gift expenses are not allowable in any fund?

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Any gift that is taxable is not allowable. Expenses for such awards and gifts cannot be reimbursed from any funding source or approved as an exception to this policy. Unallowable awards and gifts include, but are not limited to, the following: • Gifts or awards of cash • Gifts of bottled alcoholic beverages or tobacco products • Negotiable gift certificates (those that can be exchanged for cash) • Parking permit in excess of $195 • Transit passes in excess of $100 • Length of service or retirement awards in excess of $400 • Season tickets to sporting or cultural events • Holiday, Birthday, Shower, etc. gifts • Gifts in excess of policy limits • Lavish or extravagant expenses • Expenses not substantiated with appropriate supporting documentation Gifts may not be presented: • To any individual or organization associated either directly or indirectly with a political party, campaign, candidate, or a group engaged in an attempt to influence legislation, elections, referendums, or the like.

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