Spokes: Resources for Nonprofits Presents: Gift Acceptance Policies, an online class that will take place over Zoom where you can learn the basics of gift acceptance policies including why you need one and what goes in it.
Gifts? Donations? Contributions? Call them what you will, all nonprofits rely on them. For some, gifts represent their main source of income. For others, gifts may provide the subsidy that enables a program to be better or to serve more people.
Gifts can come in many forms. Cash, stocks, and in-kind goods or services are typical examples. Then there are more exotic items people may wish to donate to your cause such as a piece of property, a lovely oil painting, or the timeshare they wish they’d never purchased. Join us to learn “why you need a gift acceptance policy before you need a gift acceptance policy.” Topics will include:
- Developing a policy that fits your organization—what goes in it for sure, what’s optional
- Keeping the board of directors involved and aware
- Understanding the IRS concept of “non-standard contributions”
- Protecting your organization from the gift that “never stops taking”
- How to gracefully decline a gift not in alignment with your policy
Instructor: Gillian Cole-Andrews, CFRE
This class will take place on June 22nd, 2022 from 11 AM – 12 PM. Admission is $25.00 for not-yet members and $10.00 for Spokes Members. The Zoom link will be sent with registration acknowledgement.
Visit the website to register and for additional information.
