FundSvcs Community

The only question I might have - and one you would need to discuss with your CFO - is whether the financial support would be treated as taxable income to the recipient. 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 13, 2019 at 12:10 PM Karen Warr <Karen.Warr@lifeworksnw.org> wrote: > A local foundation has approached us about setting up a scholarship of > sorts to pay for housing for one of our clients (not a specific client) in > a specific program. As background, we are a mental health and addiction > services agency – we do have some residential programs but outside of that > we don’t generally pay for client housing. This foundation would like us > to choose a college student from the program (they would not have a hand in > choosing) and they will pay for the students’ housing for up to four years > as long as they stay in school and maintain a certain GPA. Like a > scholarship but housing specific. > > > > Does this throw up any red flags we should be aware of? > > > > Karen Warr, MPA, GPC > > Grants and Database Coordinator > > LifeWorks NW > > 503-645-3581, x2385 > > Pronouns: She/Her/Hers > > > CONFIDENTIALITY NOTICE: The information contained in this communication is > confidential and is only for use by the intended recipient. If the reader > of this communication is not the intended recipient (or the agent or > employee responsible to deliver it to the intended recipient), you are > hereby notified that any dissemination, distribution or reproduction of > this communication is strictly prohibited. If you have received this > communication in error, please immediately notify the sender by e-mail and > delete this communication from your system. Thank you >

A local foundation has approached us about setting up a scholarship of sorts to pay for housing for one of our clients (not a specific client) in a specific program. As background, we are a mental health and addiction services agency - we do have some residential programs but outside of that we don't generally pay for client housing. This foundation would like us to choose a college student from the program (they would not have a hand in choosing) and they will pay for the students' housing for up to four years as long as they stay in school and maintain a certain GPA. Like a scholarship but housing specific. Does this throw up any red flags we should be aware of? Karen Warr, MPA, GPC Grants and Database Coordinator LifeWorks NW 503-645-3581, x2385 Pronouns: She/Her/Hers CONFIDENTIALITY NOTICE: The information contained in this communication is confidential and is only for use by the intended recipient. If the reader of this communication is not the intended recipient (or the agent or employee responsible to deliver it to the intended recipient), you are hereby notified that any dissemination, distribution or reproduction of this communication is strictly prohibited. If you have received this communication in error, please immediately notify the sender by e-mail and delete this communication from your system. Thank you

Thanks John – that hadn’t even occurred to me. Karen Warr, MPA, GPC Grants and Database Coordinator LifeWorks NW 503-645-3581, x2385 Pronouns: She/Her/Hers From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of John Taylor Sent: Wednesday, February 13, 2019 10:04 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] housing "scholarship" The only question I might have - and one you would need to discuss with your CFO - is whether the financial support would be treated as taxable income to the recipient. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Wed, Feb 13, 2019 at 12:10 PM Karen Warr <Karen.Warr@lifeworksnw.org<mailto:Karen.Warr@lifeworksnw.org>> wrote: A local foundation has approached us about setting up a scholarship of sorts to pay for housing for one of our clients (not a specific client) in a specific program. As background, we are a mental health and addiction services agency – we do have some residential programs but outside of that we don’t generally pay for client housing. This foundation would like us to choose a college student from the program (they would not have a hand in choosing) and they will pay for the students’ housing for up to four years as long as they stay in school and maintain a certain GPA. Like a scholarship but housing specific. Does this throw up any red flags we should be aware of? Karen Warr, MPA, GPC Grants and Database Coordinator LifeWorks NW 503-645-3581, x2385 Pronouns: She/Her/Hers CONFIDENTIALITY NOTICE: The information contained in this communication is confidential and is only for use by the intended recipient. If the reader of this communication is not the intended recipient (or the agent or employee responsible to deliver it to the intended recipient), you are hereby notified that any dissemination, distribution or reproduction of this communication is strictly prohibited. If you have received this communication in error, please immediately notify the sender by e-mail and delete this communication from your system. Thank you CONFIDENTIALITY NOTICE: The information contained in this communication is confidential and is only for use by the intended recipient. If the reader of this communication is not the intended recipient (or the agent or employee responsible to deliver it to the intended recipient), you are hereby notified that any dissemination, distribution or reproduction of this communication is strictly prohibited. If you have received this communication in error, please immediately notify the sender by e-mail and delete this communication from your system. Thank you