Donation Policy Template

Description

This comprehensive Credit Union Donation Policy Template is an essential tool for credit unions seeking to establish clear guidelines for their charitable giving initiatives. The template provides a robust framework for managing donation requests, evaluating potential recipients, and ensuring compliance with regulatory requirements.

The document includes detailed sections covering donation eligibility criteria, application procedures, evaluation processes, and approval mechanisms. It outlines specific categories of eligible organizations and causes, helping credit unions align their charitable activities with their mission and values.

Key features of this template include:

1. Clearly defined roles and responsibilities for staff involved in the donation process
2. Step-by-step procedures for submitting and reviewing donation requests
3. Criteria for assessing the impact and relevance of potential donations
4. Guidelines for determining appropriate donation amounts
5. Procedures for documenting and reporting charitable contributions
6. Conflict of interest provisions to ensure ethical decision-making
7. Compliance considerations related to regulatory requirements and tax implications

The template is fully customizable, allowing credit unions to tailor the policy to their specific needs and organizational structure. It includes placeholder text and instructions for easy adaptation to individual credit union requirements.

This Word-format document is designed for easy editing and implementation, featuring professional formatting and a table of contents for quick navigation. By utilizing this template, credit unions can streamline their donation processes, enhance transparency, and ensure consistency in their charitable giving efforts.