Gift Acceptance and Solicitation Policies

The 18-page policy contains a section addressing the conditions under which the organization will accept a restricted gift.

The 19 pages include conditions for accepting restricted gifts, a sample endowment agreement, and instructions for making gifts of various types of assets.

This 6-page policy includes guidelines concerning the donation of oil, gas and other mineral rights.

In regards to restricted gifts, this 7-page policy simply requires that gifts with restrictions that may be difficult or costly to administer be referred to the Fundraising Committee.

Landowners can convey a future interest in real property to a conservation organization or government but continue to live on or otherwise enjoy using the property during their lifetimes. If the property is a personal residence or a farm, a donation of a future interest can generate immediate tax benefits. WeConservePA guide. 8 pages.

This four-page policy includes provisions providing for a Gift Review Committee that reviews proposed gifts referred to it by the president and determines the action to be taken.

Charitable organizations should be aware of the issues that come with gifts of cash, land, or other property restricted to a particular purpose rather than an organization’s general purposes. They should understand the need for good communications with donors, be ready to handle the management challenges, and take care to avoid inadvertently imposing restrictions on gifts in their solicitations. WeConservePA guide. 10 pages.

This article is intended to help one gain a greater understanding of the details, draft a set of policies, and make or advise your clients to make better decisions about gift acceptance.