Accountability
The A&M-Central Texas Foundation is chartered by the state and led buy civic and business leaders with a hands-on commitment to make sure your gifts go far. An independent 501 (c)(3) non-profit organization, the A&M-Central Texas Foundation believes in the power of giving and its impact on the future of the University, providing scholarship support, recognition and support for faculty and staff, and the academic programs of A&M-Central Texas.
The Foundation’s mission is to identify, cultivate, and solicit philanthropic support for the University, extending our mission of accessibility, affordability, scholarship, research and recognition.
Checks and Balances
Organizational transparency, strong leadership and annual accountability ensure the financial integrity of the Foundation and deliver maximum impact from your gift. Our accountability regimen includes:
- Board of Directors
Our board of directors includes a small professional staff led by 12-30 volunteers, each with extensive business experience. These individuals determine our investment and fund-raising policies and approve the Foundation’s annual budget.
- Gift Administration
The Foundation carefully controls the use of gifts through internal and external protocols and accounts: Several Foundation and University administrators must approve every disbursement, and each account administrator can access monthly statements documenting activity for gift accounts.
- Partnership with the University
Both University President Dr. Marc Nigliazzo and University Chief Financial Officer Dr. Cynthia Carter-Horn serve in ex-officio capacity on the Foundation. The University serves as fiscal agent for the Foundation and provides a strong accounting and regulatory structure for the Foundation’s actions.
Donor Bill of Rights
Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure philanthropy merits the respect and trust of the general public and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights:
- To be informed of the organization's mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
- To be informed of the identity of those serving on the organization's governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
- To have access to the organization's most recent financial statements.
- To be assured their gifts will be used for the purposes for which they were given.
- To receive appropriate acknowledgement and recognition.
- To be assured that information about their donation is handled with respect and with confidentiality to the extent provided by law.
- To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
- To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
- To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
- To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
— Association of Fundraising Professionals (AFP), all rights reserved. Reprinted with permission from the Association of Fundraising Professionals.