LIMITATION OF DONOR ROLE IN IEEE FOUNDATION SUPPORTED PROGRAMS Sample Clauses

The "Limitation of Donor Role in IEEE Foundation Supported Programs" clause defines the boundaries of a donor's involvement in programs funded or supported by the IEEE Foundation. Typically, this clause clarifies that donors may provide financial or other support but do not have authority over the management, operations, or decision-making processes of the supported programs. For example, a donor cannot direct how funds are specifically used beyond the general purpose for which they were given, nor can they influence program outcomes or staffing. The core function of this clause is to maintain the independence and integrity of the Foundation's programs, preventing undue donor influence and ensuring that program governance remains with the Foundation or its designated administrators.
LIMITATION OF DONOR ROLE IN IEEE FOUNDATION SUPPORTED PROGRAMS. The Foundation values and encourages the interest and involvement of donors in funding programs such as grants, awards, scholarships, fellowships, and travel grants. Such involvement may include recommending criteria for the program and the length of time the funding is expected to last. To comply with U.S. IRS regulations, donor participation and involvement in funded programs must be limited. IEEE programs that will be supported by a separately identified Fund shall be required to incorporate the following requirements into the program administration criteria. The IEEE Development Office shall ensure the donor(s) is(are) aware of and agrees to these limitations and incorporate such restrictions into the gift agreement as appropriate. These limitations shall also be incorporated into the Delegation of Expenditure Authority agreement.
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