Budget and Office Managers:

Please note that the form for reporting gifts, prizes, and awards given to employees, students, and non-employees has been updated. The updated form eliminates the need to collect social security numbers and provides additional information regarding taxability of gifts to the recipients.

I would also like to take this opportunity to inform you that procedures for awarding gift cards has also changed. Departments will no longer be required to order gift cards through accounting. Instead, departments can purchase gift cards as necessary, providing greater flexibility and efficiencies in the purchasing process.

Please contact accounting at accounting@drake.edu or x2125 with any questions you might have.

—Submitted by Heather Travis, Controller, Finance