13 CFR § 106.501 - What minimum requirements are applicable to SBA's solicitation and/or acceptance of Gifts?

---
identifier: "/us/cfr/t13/s106.501"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 106.501 - What minimum requirements are applicable to SBA's solicitation and/or acceptance of Gifts?"
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "106.501"
section_name: "What minimum requirements are applicable to SBA's solicitation and/or acceptance of Gifts?"
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "106"
part_name: "COSPONSORSHIPS, FEE AND NON-FEE BASED SBA-SPONSORED ACTIVITIES AND GIFTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 633 (g) and (h); 15 U.S.C. 637(b)(1)(A); 15 U.S.C. 637(b)(G)."
regulatory_source: "70 FR 70704, Nov. 23, 2005, unless otherwise noted."
cfr_part: "106"
---


# 106.501 What minimum requirements are applicable to SBA's solicitation and/or acceptance of Gifts?

While SBA may subject the solicitation and/or acceptance of Gifts to additional requirements through internal policy and procedure, the following requirements must apply to all Gift solicitations and/or acceptances under the authority of the Small Business Act sections cited in § 106.500:

(a) SBA is required to use the Gift (whether cash or in-kind) in a manner consistent with the original purpose of the Gift;

(b) There must be written documentation of each Gift solicitation and/or acceptance signed by an authorized SBA official;

(c) Any Gift solicited and/or accepted must undergo a determination, prior to solicitation of the Gift or prior to acceptance of the Gift if unsolicited, of whether a conflict of interest exists between the Donor and SBA; and

(d) All cash Gifts donated to SBA under the authority cited in § 106.500 must be deposited in an SBA trust account at the U.S. Department of the Treasury.