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Philanthropy Guidelines and Policies
If you have questions regarding the following guidelines and policies, please contact the Director of the Annual Fund, Laura Johnson, in the Development Office at 207-801-5621 or firstname.lastname@example.org.
Endowed Chair Policy
This policy will serve as the general terms of reference for creating endowed Chairs at College of the Atlantic. Approval of this policy and any subsequent changes to it are the responsibility of the Board of Trustees.
Download the complete Endowed Chair Policy (pdf)
Gift Acceptance Policy
It is essential to have qualitative and quantitative guidelines to assess the acceptability of gifts made to College of the Atlantic. These guidelines—carefully drawn, and impartially applied—should serve to prevent misunderstanding between donors and the College as well as among volunteers, and help to ensure the optimal use and accountability of funds received as gifts. Further, gift policies provide guidelines for those who engage directly in fund-raising activities as well as those who manage the resultant gift income to the College.
Download the complete Gift Acceptance Policy (pdf)
Gifts in Kind
Gifts-in-kind are non-monetary items of tangible personal property such as art, collectibles, books, equipment, boats, inventory, and other personal assets or materials. COA welcomes many gifts-in-kind within the guidelines of our Gift Acceptance Policy.
The fair market value of a gift-in-kind is deductible under the guidelines established by the IRS. Gifts valued at more than $5,000 require a qualified signed appraisal and submission of an appraisal summary. You may
Download the In-kind Contribution Form (pdf)
Stocks and Securities
Gifts of stock that have increased in value and have been owned long enough to qualify as long-term (one year and a day) are deductible for the full value of the stock at the time of the gift and are not subject to capital gains tax.
Securities transfer instructions:
RBC Dain Rauscher
23 Water Street
Bangor, ME 04401
Attn: Matt Shannon (broker)
Wiring through DTC Instructions:
Name of account: College of the Atlantic
Account number: 30120794
COA Tax identification number: 23-7032625
Please notify Laura Johnson of your intention to gift stock so that your account may be credited (207-801-5621 or email@example.com).
Mailing your Gift?
You may send your gift directly to:
College of the Atlantic
105 Eden Street
Bar Harbor, ME 04690
The Development Office Staff is happy to help answer any of your questions. Please call us at 207-288-5015.