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  • 1.  when one non-profit gives to another

    Posted 08-22-2019 02:48 PM
    Another university received a big grant from a foundation for support of a group of universities and colleges to do projects on a specific theme. We have received a "mini-grant" from the university to do a project. Is this philanthropy from the university because of "credit to last entity?" - - Beth Johnson Senior Director, Advancement Services Saint Mary's College of California 925-631-4505


  • 2.  Re: when one non-profit gives to another

    Posted 08-22-2019 05:57 PM
    Maybe. You need to see the original award document to make sure the Foundation did not specify you - which would make the other University an agent and the Foundation the donor. If, however, the University had full discretion as to who sub-awards could be made, they are the donor. John John Taylor 919.816.5903 johntaylorconsulting@gmail.com Big ideas; small keyboard > On Aug 22, 2019, at 6:47 PM, Elizabeth Johnson <eaj5@stmarys-ca.edu> wrote: > > Another university received a big grant from a foundation for support of a group of universities and colleges to do projects on a specific theme. > We have received a “mini-grant” from the university to do a project. > > Is this philanthropy from the university because of “credit to last entity?” > > - - > Beth Johnson > Senior Director, Advancement Services > Saint Mary’s College of California > 925-631-4505 >


  • 3.  RE: Re: when one non-profit gives to another

    Posted 10-28-2019 09:54 AM
    We have a similar situation in that a private foundation made a large gift to another non-profit to endow a scholarship fund, naming us as the beneficiary institution. We have received annual distributions off the endowment for many years. The other non-profit is now going through something of a dissolving, and is planning to transfer the endowment itself to our institution for us to continue operating under similar terms of the previous scholarship agreement, with the difference being that now we will be managing the endowment funds in-house.

    Is there anything that we as the receiving institution need to be aware of in this particular situation?  

    And to which institution should we be properly receipting the gift of these endowment funds?

    Thank you!

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    Gwen Donev
    gwendonev@GUSTAVUS.EDU
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    Original Message