Date Issued

10-1-2016

Document Type

Policy

Purpose

It is important that the College utilize its resources to further the mission of the institution and be a thoughtful steward of its funds. This policy provides guidelines and limitations regarding expenditures of resources for the business purpose of entertainment, hospitality, and recognition. Expenditures are expected to be both reasonable and appropriate to the circumstances.

While such expenses are necessary and may benefit the College, funds expended for these purposes are resources that will be unavailable for other important expenditures that could further the mission of the College. Thoughtful utilization of College resources is an obligation of all faculty and staff.

Funds for expenditures of this nature are generally unallowable on grants and should be funded by unrestricted funds of the College.

This policy applies to all individuals expending funds for the purposes of entertainment, hospitality, and recognition on behalf of the College.

Responsible Party

Business Office

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