It is not permissible under the law to use private foundation gifts to
benefit anyone affiliated with the foundation. I would probably pick up
the phone and call the CFO to triple check. I have heard cases whether
donors have stated, "The IRS be damned," and that really is their call.
But I, on the other hand, would not intentionally do something I knew the
IRS would not approve unless my own attorney gave me permission.
John
John H. Taylor
Principal, John H. Taylor Consulting
2604 Sevier St.
Durham, NC 27705
johntaylorconsulting@gmail.com
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
On Wed, Feb 6, 2019 at 2:21 PM Jon Moore <
jmo@sandiegozoo.org> wrote:
> We received a gift from a private foundation where we are being instructed
> to apply a portion of it to greatest need and another portion toward a
> non-deductible membership with goods and services. In most cases in the
> past, Foundations restricted us from providing goods and services in
> exchange for the gift and it is noted on the documentation accompanying the
> gift. That is not so in this case. Is it acceptable to bifurcate this
> gift and honor this request?
>