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Expenditure type clarification for computer purchases
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Donations

The dollar threshold for treating donations as equipment is $5,000. All donations, without exception, are Caltech owned. Donations are not considered the personal property of faculty, staff or students, even though they may have been used as the primary contact, delivery recipient or the designated end user.

Caltech's Development Office advises all internal departments that will have a stake in the item of its receipt. Upon notification, Property Services will arrange to tag the asset and enter it into Caltech's Fixed Asset database.

If you are aware of a donation that may not have been tagged please contact Property Services at ext. 3911.

Donation of money for the purpose of acquiring equipment
When money is donated to Caltech, the money is the gift, not the equipment subsequently purchased with the funds. Equipment purchased with donated funds is owned by Caltech.

Equipment provided as part of a Grant
Equipment provided in conjunction with, or as part of, a grant is not a donation.



California Institute of Technology
1200 E. California Blvd
Mail Code 116-6
Pasadena CA 91125

Ann Margaret Chrisney
Associate Director
626-395-3911

Fax 626-395-5938


Resources


2004-2005 Financial Statements

2005–2006 Financial Statements

2006–2007 Financial Statements

2007–2008 Financial Statements

Organization Charts

Policies & Procedures

Record Retention Schedule [pdf]

Campus Departmental Directory

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