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Keep Your Gift Acceptance Policy Strong

Planned Giving

Read on for a few simple steps to build or strengthen your gift acceptance policy. What is a Gift Acceptance Policy? A gift acceptance policy serves as a transparency tool for your organization to understand which gifts your nonprofit is prepared to warmly accept. What does a Gift Acceptance Policy Contain?

Policy 93
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Understanding Probate: A Comprehensive Guide to the Probate Process

Planned Giving

However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. The church courts handled probate issues, ensuring that the deceased’s soul was cared for through proper distribution of their estate. Assets that must go through probate are known as probate assets.

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Your Open House on Gifts of Real Estate

Center for Major Gifts

While these words, though seen frequently, are valid, rarely are they fulfilled more meaningfully than through a gift of real estate to the nonprofit you cherish most. Anyone can make a gift of real estate as long as the nonprofit’s gift acceptance policy allows it, and the property is in marketable condition; ideally free of debts.

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501c.yada, yada, yada

Sharpshooter Communications

There are probably a million loopholes through and around these requirements. Therefore, in addition to a notification requirement , Type III supporting organizations must pass separate responsiveness and integral part tests. I’ve included the links. I am NOT an accountant. I am NOT an attorney. 501c4: Social Welfare Organizations.

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Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. improving policies and procedures and strengthening internal controls). This report means the auditor thought they couldn’t issue a definitive opinion on the nonprofit.

GPC 40
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Safety First: How to Mitigate Risk at In-Person Events

Qgiv

It’s helpful to be present at the venue and to go through a visualization exercise with key staff or volunteers. From parking and check-in, all the way through the main event and checkout, it’s important to take time to think through what your safe event should look like! Let’s pretend you’ve got your venue selected. Here we go!

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Should You Accept ANY Type of Nonprofit Donation? (And How Should You Gracefully Decline a Gift?)

Get Fully Funded

You either get a credit card donation through your organization’s website or you receive personal checks from donors sent to your organization’s office or P.O. Here’s where a Gift Acceptance Policy can help (more on that in a moment). Either way, your Investment Policy will outline how donated stocks and bonds are handled.

Donation 119