Alcohol Purchase and Hosting Waiver Policy

Policy Number: 400-016 Governance, Risk and Compliance

Policy Title: Alcohol Purchase and Hosting Waiver Policy

Responsible Officers: President; Chief Financial Officer

Responsible Offices: Office of the Chief Financial Officer; Office of Development and Alumni Relations

Effective Date: September 24, 2026

Next Review Date: September 2028

Summary: This policy establishes a controlled waiver and approval process that permits the limited and appropriate use of institutional funds for alcohol-related expenses associated with approved off-campus fundraising, development, and executive engagement activities while ensuring accountability, compliance, stewardship of institutional resources, and protection of the University’s reputation and interests. 

Keywords: fundraising, donor development, special events, alumni, accountability, compliance, risk mitigation