The University System of Maryland (USM) Board of Regents Policy on Affiliated Foundations (http://www.usmd.edu/regents/bylaws/SectionIX/IX200.html) requires that all solicitations for contributions, conferences, seminars, special fundraising events, grants, or other activities where the funds are to be deposited in a USM Foundation account MUST be identified as USM Foundation activities.

 

USM Board of Regents Policy stipulates “all correspondence…shall be clearly identified as an activity of that foundation…” Samples of suggested wording that would be appropriate are noted below:

 

“This event is an activity of the University System of Maryland Foundation, Inc. (USM Foundation). Funds earned or contributed will be managed by the USM Foundation for the benefit of [particular program]. Please make your check payable to the University System of Maryland Foundation, Inc.” THIS IS THE PREFERRED VERBIAGE

OR

“This [program/activity] is an activity of the University System of Maryland Foundation, Inc.

Please make your check payable to the University System of Maryland Foundation, Inc.”

OR

“The funds raised will be administered by the University System of Maryland Foundation, Inc.

for the benefit of [program/university]. Please make your check payable to the University

System of Maryland Foundation, Inc.”