Donor Privacy Policy Madison-Ridgeland Academy is committed to the highest standards of integrity in all fundraising efforts and to the ethical collection, retention and use of information on donors and prospects in the pursuit of institutional goals. To accomplish this, we commit to the following: a. Madison-Ridgeland Academy will collect and use personal information such as names, address, phone number, and e-mail address. In addition, Madison-Ridgeland Academy keeps a record of each donor’s giving history. This information is kept on file for IRS purposes and is also used by the Development Office to analyze overall giving patterns in order to make more accurate budget projections. b. Madison-Ridgeland Academy will NOT sell or trade its donor information with any other organization or institution. c. To recognize and thank MRA donors’ generosity, we publish an annual Donor Report. In this case, other organizations and third parties may have access to our donor names, but not specific contribution amounts. Individuals wishing to remain anonymous for this publication purpose should contact the Development Office. 6. CONTROL OF ACCOUNTS Accounts for the School shall be established by the Board of Trustees in such forms as shall provide the proper control of assets and allow proper and efficient use by the School. In all cases, these accounts shall provide for such growth and/or earnings as the Board shall deem appropriate. Surpluses in the accounts shall be kept to a minimum and the Board shall determine the extent of such surpluses and, if appropriate and proper, shall transfer them to other accounts of the School. The Board may classify assets as unrestricted or temporarily restricted. Gifts restricted by donors shall be classified as permanently restricted net assets or temporarily restricted net assets, in accordance with the donor restriction. 7. RETIREMENT PLANS The School offers a 403(b) retirement plan to all full-time employees. In addition, the School will also handle payments of employee contributions through pre-tax payroll deductions to companies providing tax deferred annuities. There is a two year vesting requirement, which means that an employee must work at the school for two years before becoming eligible for the match benefit. 8. TUITION ASSISTANCE PROGRAM (TAP) Madison-Ridgeland Academy offers tuition assistance to enroll students who could not otherwise afford to attend but desire to graduate as an MRA Patriot. In the administration of its tuition assistance program, MRA does not discriminate on the basis of race, religion, national or ethnic origin. MRA’s tuition assistance funds are reserved for families who have no alternative to requesting assistance. All assistance is awarded on the basis of financial need. MRA maintains stated policies for its Tuition Assistance Program on the school website.
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