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>> Ready Reference >> March 2000

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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




 




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