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704.4 Gifts-Grants-Bequests

The board believes gifts, grants, and bequests to the school district may be accepted when they will further the interests of the school district.  The board and/or superintendent will have sole authority to determine whether the gift furthers the interests of the school district.


Gifts, grants, and bequests once accepted on behalf of the school district become the property of the school district.  Gifts, grants, and bequests are administered in accordance with terms, if any, agreed to by the district.


Date Board Adopted: 4/13/1992

Date Board Updated/Reviewed: 2/21/2018


Legal Reference: Iowa Code §§ 279.42; 565.6 (2013).