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CSA Board Approved: 06/14/2005 4.0 GIFT ACCEPTANCE POLICIES AND GUIDELINES The Community Foundation for Southern Arizona, a nonprofit corporation incorporated under the laws of the State of Arizona,
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How to fill out gift acceptance policies:

01
Start by determining the purpose and scope of your gift acceptance policies. Consider why your organization is establishing these policies and what types of gifts you are willing to accept.
02
Research and understand relevant legal and ethical considerations surrounding gift acceptance. Familiarize yourself with any laws or regulations that apply to your organization, such as tax laws or conflict of interest policies.
03
Establish clear guidelines for evaluating potential gifts. Determine what criteria your organization will use to assess whether a gift should be accepted or declined. This may include factors such as the donor's reputation, the financial value of the gift, or the potential impact on your organization's mission.
04
Outline the procedures for accepting and processing gifts. Define the steps that need to be followed when a potential gift is identified, such as conducting due diligence, documenting the donation, and acknowledging the donor's contribution.
05
Determine any restrictions or conditions that may apply to certain types of gifts. For example, if your organization cannot accept gifts of stock, state this clearly in your policies.
06
Create a review process for evaluating and updating your gift acceptance policies on a regular basis. As your organization evolves or new regulations are introduced, it's important to keep your policies current and relevant.

Who needs gift acceptance policies:

01
Nonprofit organizations: Nonprofits often rely on donations and gifts to fund their programs and operations. Adopting gift acceptance policies ensures that these organizations have clear guidelines in place for evaluating and accepting gifts in line with their mission.
02
Educational institutions: Universities and schools may receive significant gifts from alumni, philanthropists, or corporate donors. Having gift acceptance policies can help these institutions determine which gifts align with their educational goals and values.
03
Government agencies: Government agencies may receive gifts or donations from individuals or corporations. Implementing gift acceptance policies ensures transparency, accountability, and compliance with any applicable laws or regulations.
04
Healthcare organizations: Hospitals and healthcare nonprofits often receive charitable contributions from grateful patients or community members. Gift acceptance policies help these organizations determine whether they can accept certain gifts and avoid any conflicts of interest.
05
Arts and cultural organizations: Museums, theaters, and other arts organizations often rely on gifts and donations from individuals or foundations. Having gift acceptance policies allows these organizations to assess whether a potential gift aligns with their artistic vision and long-term plans.
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Gift acceptance policies are guidelines set by an organization to determine what types of gifts it can accept and under what conditions.
Nonprofit organizations and charities are typically required to have and file gift acceptance policies.
Gift acceptance policies can be filled out by outlining the criteria for accepting gifts, the process for reviewing and approving gifts, and the reporting requirements for gifts received.
The purpose of gift acceptance policies is to ensure transparency, ethical behavior, and compliance with legal regulations when accepting gifts.
Information that must be reported on gift acceptance policies includes the types of gifts accepted, the procedures for accepting gifts, and any restrictions on gift acceptance.
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