EFFECTIVE: 12/1/2017 · REVISED: 8/4/2020
Objective
Gifts to the University of Tennessee Foundation are an unconditional transfer. Refunds will be made only in the event of (1) a mistake by the Foundation, or (2) a cancellation of an event by either the University or the Foundation, and only to the extent the cost for admission to such event included a charitable deduction for which a gift receipt was issued. Individuals who receive refunds of gifts for which a gift receipt was issued have the responsibility of correcting any income tax filings.
For questions regarding this policy, call (865) 974-4153 or email [email protected].