Syracuse University has updated its policy governing gifts, including retirement and life event gifts, charitable gifts and unallowable gifts. The updated policy, which applies to all University faculty, staff and students, can be found here.
Some items of note included within the policy:
- Life event gifts to employees: These tangible gifts (such as flowers) may be presented to the employee as an expression of celebration in the event of the birth or adoption of a child; an expression of concern in the event an employee has an illness, is hospitalized or undergoes surgery; or an expression of sympathy in the event of the death of the employee or a member of the employee’s immediate family or household. Historically, the policy limited the gift value to $75, but the updated policy will increase this limit to $150 per gift.
Read the full story at Syracuse University News.