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Is a monetary gift given to a volunteer considered compensation?

I am a volunteer. A cancer patient was so grateful for the help we provided that she gave me a personal gift worth about $200. Is the gift considered compensation for my work? Or does that only apply to the foundation's paid staff member?

A gift that is truly gratuitous would not be considered compensation or income, but the bigger question is whether your organization has a policy regulating the receipt of gifts by staff and volunteers. Most organizations prohibit or discourage such gifts, especially if the patients or clients are particularly vulnerable.

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