Financial Policies

To accommodate the goals of donors who wish to make contributions to the University to support the work of specific individuals, while identifying and complying with relevant legal issues associated with private benefit rules.

To set forth a policy for the treatment of grants from Fidelity Charitable donor advised funds.

To clarify University policy on required actions for accepting gifts of artwork.

To provide information on borrowing artwork on an intramural basis from the University’s Art Collection and guidelines for the security, tracking and maintenance of objects borrowed from the University’s Art Collection.

To provide guidelines for appropriately managing and stewarding any artwork purchased with University funds.

To provide guidance on appropriate policy and procedure for deaccessioning (removing from the collection) artwork from the University of Pennsylvania Art Collection.

To provide guidelines for external loans of items in the University’s Art Collection.

To provide guidelines for reproduction of artwork.

To define the authority and responsibilities for the procurement of goods and services for the University.