Nonprofit Issues An Electronic Newsletter of Nonprofit Law You Need to Know


Article Archives >> Ready Reference >> March 2000

Preview of Article:

Be Careful Handling Gifts with Strings Attached

Miscalculations can create both legal and public relations problems if development officers fail to find the right balance for gifts with restrictions

This Ready Reference Page's Headings:

  • Donor’s Can’t Reserve Rights
  • Restrictions May Be Forever
  • Even a Name Can be a Problem

Excerpt:
It is not necessarily easy to strike the right balance in accepting gifts with strings attached. If there are restrictions on any gift, be sure that both the donor and the charity fully understand what they are and that both can live with the limitations. You will be more likely to avoid both legal and public relations problems.

Full Text

Article Archives >> Ready Reference >> March 2000


 




Searching tax code?
Search section only. e.g. 501,not 501(c)(3).

For less than $6 month, receive access to all the articles for 3 months.

 

None of the information on the Nonprofit Issues Website should be deemed legal advice or
should be acted upon without prior consultation with appropriate professional advisors.

Home | Article Archives | Ready Reference | Ask the Editor | Bookstore | About Us

Access Subscriber Account
Subscribe or Renew

Free E-notice

Nonprofit Issues, Inc.
P.O. Box 482
Dresher, PA 19025
(215) 542-7547 FAX (215) 542-7548
1-888-NP-Issue
E-mail Us