§ 24-207. Gifts, donations, bequests, endowments, and grants
West's Annotated Code of MarylandEducationEffective: June 1, 2023
Effective: June 1, 2023
MD Code, Education, § 24-207
§ 24-207. Gifts, donations, bequests, endowments, and grants
(a) It is the public policy of the State that gifts, donations, bequests, private endowments, and private grants may be received by the Commission.
(b)(1) The Commission is encouraged to promote private fund-raising by strengthening institutional development activities and by maintaining relationships with affiliated foundations.
1. May not be compensated by the foundation; and
2. May be reimbursed for bona fide expenses incurred in the performance of activities undertaken on behalf of the foundation as authorized by the board of directors of that foundation.
(c)(1) Except as provided in paragraph (2) of this subsection, the Commission shall keep confidential the name, address, telephone number, contribution amount, and all other personal and financial information of any individual who makes a donation to the Commission.
(2) To the extent the Commission determines that the sharing of information will contribute to the fund-raising efforts of the Commission, the Commission may share information about an individual who makes a donation to the Commission with nonprofit or governmental entities under terms set by the Commission.
Credits
Added by Acts 1989, c. 480, § 1, eff. July 1, 1989. Amended by Acts 1991, c. 55, § 6; Acts 1995, c. 539, § 1, eff. Oct. 1, 1995; Acts 1997, c. 635, § 9, eff. July 1, 1997; Acts 1997, c. 636, § 9, eff. July 1, 1997; Acts 2006, c. 525, § 1, eff. Oct. 1, 2006; Acts 2014, c. 104, § 2, eff. Oct. 1, 2014; Acts 2019, c. 8, § 5; Acts 2023, c. 47, § 1, eff. June 1, 2023; Acts 2023, c. 48, § 1, eff. June 1, 2023.
MD Code, Education, § 24-207, MD EDUC § 24-207
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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