Creating a gift acceptance policy can seem like a pretty daunting task.
Nonprofit organization directors know that every donation and gift should be received warmly and with enthusiasm. Even so, some gifts can be quite problematic for these organizations. Some gift types can actually challenge or invalidate the tax-exempt status of a nonprofit. Others can pose ethical dilemmas for the gift-giver, the organization, or a single employee who works for the nonprofit. This white paper outlines a few unique angles to consider and to address when preparing an appropriate gift acceptance policy, and doing so will ensure that all sides of the business are protected against expensive consequences and accidental oversights.
Learn what consumers value in charity related activities.
Identify internal reasons for creating a gift policy.
Review key questions for nonprofits about a gift acceptance policy.
Review how to enforce a gift acceptance policy.
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