There are certain expenses that we cannot pay from USM Foundation funds. Although not all-inclusive, this checklist should provide helpful guidance:

 

  • Personal expenses. If the expense is not incurred for a bona-fide business purpose it cannot be paid.
  • Purchase and/or maintenance of equipment located at home or other off-site location without express approval of the Chair, Dean, or Vice President.
  • Political contributions, including the purchase of tickets to attend a fundraiser.
  • First class airline tickets for any travel
  • Business class airline tickets for domestic travel (less than 6 hours), but may be purchased for international travel if approved ahead of time
  • Payments of fines, tickets, penalties, or finance charges
  • Expenditures that may be considered extravagant and therefore might be misconstrued as a misuse of charitable funds. (for example, expenses to travel across the country for an Excel training class when the same class could be attended locally)
  • Questionable items (expenditures without sufficient documentation or explanation and which might be misconstrued as a misuse of charitable funds if paid)