2023 New York Laws › EDN - Education › Title 1 - General Provisions › Article 5 - University of the State of New York › Part 1 - General Organization › 207-A - Disclosure of Gifts Made to Institutions of Higher Education by Foreign Governments, Persons and Entities.

§ 207-a. Disclosure  of gifts made to institutions of higher education
  by foreign governments,  persons  and  entities.  1.  As  used  in  this
  section:    a.  The  term "foreign government" shall mean any government
  other than the United States government or the government of a state  or
  a  political  subdivision  thereof  and  shall  include an agent of such
  government;
b. The term "foreign legal entity" shall mean  (i)  any  legal  entity
  created  under the laws of a foreign government or (ii) any legal entity
  created under the laws of the United States or of any state hereof if  a
  majority  of the ownership of the stock of such legal entity is directly
  or indirectly owned legally or  beneficially  by  one  or  more  foreign
  governments or one or more foreign persons or one or more legal entities
  created  under  the laws of a foreign government or if a majority of the
  membership of any such entity is composed of foreign  persons  or  legal
  entities  created  under  the  laws  of  a  foreign government and shall
  include an agent of such legal entity;
c. The term "foreign person" shall mean any individual who  is  not  a
  citizen  or  national  of  the  United  States  or  a trust territory or
  protectorate thereof and shall include an agent of such individual; and
d. The term "gift" shall mean any endowment,  gift,  grant,  contract,
  award or property of any kind.
2.  Every  institution authorized by the legislature or by the regents
  of the university of the state of New York to confer academic degrees in
  this  state  shall  disclose  the  amount,   terms,   restrictions   and
  requirements attached to or made a part of any gift of a value in excess
  of  one  hundred  thousand dollars made to such institution by a foreign
  government, foreign legal entity or foreign person in any fiscal year of
  the institution. If the foreign  government,  foreign  legal  entity  or
  foreign  person makes more than one gift to an institution in any fiscal
  year of such institution, and the total value of  those  gifts  in  such
  fiscal year of the institution exceeds one hundred thousand dollars, the
  institution shall report all of such gifts received.
3. Such information shall be forwarded to the department no later than
  thirty  days  after the final day of the fiscal year of the institution.
  The information shall include:
a. the amount and the date of the making of the gift;
b. when  the  gift  is  conditional,  matching  or  designated  for  a
  particular  purpose, full details of the conditions, matching provisions
  or designation;
c. the name of the foreign government in the  case  of  a  gift  by  a
  foreign  government;  the name of the foreign country in which a foreign
  entity or foreign person is principally located or resides in  the  case
  of a gift by a foreign entity or foreign person.
The  name  of  the foreign entity shall be disclosed in the event of a
  gift which (i) contains conditions or restrictions regarding the control
  of  curricula,  employment  or  termination  of  faculty,  admission  of
  students,  student  fees or (ii) is contingent upon the agreement of the
  institution to take specific public positions or  actions  or  to  award
  honorary degrees; and
d. the purpose or purposes for which the gift will be used.
4.  Such  information  shall be a matter of public record and shall be
  made available by the department to the general public  for  review  and
  copying during normal business hours.