Capital Expenditure Policy

To better enable Mindbridge and it’s projects to manage our tangible assets, we require that certain information be supplied for:

• Items that require storage space in the storage locker larger than will fit in an 18 gallon tub.
• Items that will be stored by an individual.
• Items that require special transportation or storage.
• Purchase requests of over $500.
• Items must be usable by at least 2 projects.

The information required will be supplied to the Mindbridge Board of Directors and will be presented at a Mindbridge Foundation regular meeting for review and approval by the membership. The document must include:

• An inventory of the specific item(s) to be purchased and costs.
• Specifics on how and who will store and transport the items to each Mindbridge Project that requests use of the items.
• Signature(s) of individuals accepting responsibility and liability for items to be stored by an individual, and for their upkeep and repair (if necessary).