Implementation of new process on Donation handling and Associated Charges (Memo U2425-035)

The Office of University Development and Alumni Affairs (OUDAA) has proposed an update on the way we, as a University, receive donations with associated charges. As we continue to strengthen our fundraising initiatives and prepare systems and processes in anticipation of the Magis Aspirations (MA) programs and the increase in the volume of donations, we foresee a corresponding rise in Service Fees and Bank charges associated with these transactions. These costs have been absorbed by the University, and upon thorough review and recommendation by the OUDAA, an adjustment on the process of receiving and handling associated charges are enumerated below. 

To promote the sustainability of our fundraising efforts, ensure consistency across all donation-receiving offices in the University, and align with standard practices of other fundraising bodies, it is requested that these new procedures are followed: 

I request your understanding and cooperation in implementing these new procedures. By adopting these changes, we aim to enhance the efficiency and sustainability of our fundraising efforts, ensuring that we can continue to support the University’s mission and programs effectively. 

Should you have any questions or require further information, please do not hesitate to contact the Office of University Development and Alumni Affairs at development@ateneo.edu. 

Thank you for your continued support and commitment to our University.