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Financial Policy Archive

Associated Program Cost Administrative Policy

Policy Wake Forest University incurs both direct and indirect costs associated with administering restricted gifts, whether endowed to provide resources for core activities into the future or to support current operations. Indirect costs include, but are not limited to, classroom space, office space, administrative support, […]

Gifts, Prizes, and Awards from University Funding Sources Administrative Policy

Policy This policy outlines the guidelines for Wake Forest University when providing gifts, prizes, donations, and awards, emphasizing their taxable nature for recipients in accordance with federal and state regulations. It clarifies procedures for documentation and tax implications, highlighting the need for cooperation across departments […]

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