University Memos

Regarding Reporting and Benefits for Associated Entity Gifts

Two memos were issued in the fall of 2022 clarifying the role of Associated Entities and NC State University regarding reporting obligations and issuance of certain benefits for gifts given to an Associated Entity. Associated Entities do not have employees capable of meeting reporting or benefits obligations. These memos clarify the role of the Associated Entities with regards to reporting and benefits and allow Associated Entities to accept gifts with certain (see memos) reporting obligations and/or benefits with the understanding that NC State University will fulfill all obligations and the Associated Entities are not responsible.

It is important to coordinate solicitations/asks with your college advancement office or University Development. There are many situations beyond what these memos cover that can determine whether a transaction is a gift, grant or contract and which legal entity the transaction belongs to.