FundSvcs Community

It was not a gift to you, Michael. No funds were given to your organization irrevocably to be awarded to an appropriate pool of students ultimately selected by you. This is strictly between the individual and the organization. Depending on the nature of the organization and fellowship conditions the student may have tax obligations. But, again, that is between the awardee and awarder. 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 Tue, Jun 11, 2019 at 11:51 AM Halverson, Michael <mhalverson@luc.edu> wrote: > Good morning, all – > > > > If a university grad student applies for and receives a fellowship from an > organization, can/should Advancement record the fellowship as a gift? > > > > Please forgive me if this has been discussed on the listserv before; I may > have missed those discussions while trying to use the site’s new search > functionality. > > > > Many thanks, > > > > *Michael Halverson, **Ed.D.* > Senior Director of Advancement Services > Loyola University Chicago > T. *312-915-7283 *| C. 320-363-4987 > mhalverson@luc.edu | www.luc.edu/advancement > > >

Good morning, all - If a university grad student applies for and receives a fellowship from an organization, can/should Advancement record the fellowship as a gift? Please forgive me if this has been discussed on the listserv before; I may have missed those discussions while trying to use the site's new search functionality. Many thanks, Michael Halverson, Ed.D. Senior Director of Advancement Services Loyola University Chicago T. 312-915-7283 | C. 320-363-4987<tel:320-363-4987> mhalverson@luc.edu<mailto:mhalverson@luc.edu> | www.luc.edu/advancement<http://www.luc.edu/advancement>

Thank you for this feedback, John. Michael Halverson, Ed.D. Senior Director of Advancement Services Loyola University Chicago T. 312-915-7283 | C. 320-363-4987<tel:320-363-4987> mhalverson@luc.edu<mailto:mhalverson@luc.edu> | www.luc.edu/advancement<http://www.luc.edu/advancement> From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of John Taylor Sent: Tuesday, June 11, 2019 10:59 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Question about a fellowship It was not a gift to you, Michael. No funds were given to your organization irrevocably to be awarded to an appropriate pool of students ultimately selected by you. This is strictly between the individual and the organization. Depending on the nature of the organization and fellowship conditions the student may have tax obligations. But, again, that is between the awardee and awarder. 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 Tue, Jun 11, 2019 at 11:51 AM Halverson, Michael <mhalverson@luc.edu<mailto:mhalverson@luc.edu>> wrote: Good morning, all – If a university grad student applies for and receives a fellowship from an organization, can/should Advancement record the fellowship as a gift? Please forgive me if this has been discussed on the listserv before; I may have missed those discussions while trying to use the site’s new search functionality. Many thanks, Michael Halverson, Ed.D. Senior Director of Advancement Services Loyola University Chicago T. 312-915-7283 | C. 320-363-4987<tel:320-363-4987> mhalverson@luc.edu<mailto:mhalverson@luc.edu> | www.luc.edu/advancement<http://www.luc.edu/advancement>