Sample gift acknowledgement letter

Sample Gift Acknowledgement Letter

{DATE}
{COMPANY NAME}
{ADDRESS}
Dear {NAME}:
Thank you for your contribution of {$ AMOUNT} received on {DATE} for support of research by {PI NAME} at the University of ................
The purpose of this letter is to confirm that this contribution is intended as a gift and that all parties agree to the general conditions concerning gifts to UW-Madison. No goods or services were provided in exchange for your contribution. In addition, the University defines a gift as funding provided for general or unrestricted support for research, public service, instruction, fellowship, traineeships, or other activities. No fiscal reports or technical reports are required by the donor. Patents, copyrights, or other intellectual property rights that may result from the work funded with the gift cannot be claimed by the donor; all rights reside with the University. The donor may not restrict publication by the University of the results of the work resulting from the gift in any way. In addition, there is no time limit on the expenditure of funds and the gift is irrevocable.
If your contribution does not conform to all of the conditions listed above, or if you do not agree with the classification of your donation as a gift, please call {NAME/S AND PHONE NUMBERS} to discuss other options for donating funds to the University.
Again, on behalf of the UW-Madison, thank you for your contribution.
Sincerely,

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