2218 Lockbox: Gifts via Lockbox

Document purpose

effective

July, 2003

revised

May, 2015

Reviewed

June, 2020

Responsible Office

Treasurer

Approval

Treasurer

Policy

Lockbox is an electronic tool that offers a convenient method of donating for both the donor and Penn. The University’s Lockbox provider bank captures data (i.e., donor identification, fund number, etc.) from a properly formatted pledge card.

The Pledge Card must contained scanline.

All Pledge Cards must be scannable documents and tested/approved by GAA&R and by the banking institution.