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.
Can a gift to a charity be used as best judged by that charity? Or does it come with restrictions? Both the donor and donee need to be aware of the issues raised by restricting a gift of cash, land, or other property to a particular purpose rather than an organization’s general purposes. WeConservePA guide. 11 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.