Sustainable Funding & Donations Policy.
Tashkent University of Information Technologies named after Muhammad al-Khwarizmi is committed to promoting sustainability and social responsibility throughout its operations, including its fundraising and donation activities. To this end, the university has established a sustainable funding and donations policy aimed at ensuring that its financial resources are obtained through ethical and responsible means. This policy serves as a guiding framework for the university’s fundraising efforts and helps to maintain the institution’s integrity while supporting its long-term sustainability goals.
Principles of Sustainable Funding and Donations Policy A. Ethical and Responsible Fundraising
▪️ Implement transparent and accountable fundraising practices, adhering to applicable laws, regulations, and ethical standards.
▪️ Prioritize fundraising efforts that align with the university’s mission, values, and sustainability objectives.
▪️ Develop and maintain robust due diligence processes to assess the sources of funding and donations and ensure their compatibility with the university’s ethical and sustainability principles.
B. Diversified Funding Sources
▪️ Diversify funding sources to enhance the university’s financial stability and resilience, reducing dependence on any single source of funding.
▪️ Seek funding from a variety of sources, including government grants, private foundations, corporate sponsorships, and individual donations, while ensuring alignment with the university’s sustainability and ethical principles.
▪️ Encourage partnerships and collaborations that promote shared sustainability goals and foster long-term relationships with donors and funding organizations.
C. Allocation of Funds and Donations
▪️ Ensuring that funds and donations are allocated in a manner that supports the university’s sustainability objectives, such as research, education, infrastructure improvements, and community engagement initiatives.
▪️ Establish clear guidelines and criteria for the allocation of funds and donations, promoting transparency and accountability in the decision-making process.
▪️ Regularly review and update funding allocation priorities to ensure continued alignment with the university’s strategic goals and sustainability objectives.