FundSvcs Community

Another institution applied for and received grant funding for an exhibition that will be coming to our institution. In turn, that institution will be giving us $10,000 to help cover the expenses of having that exhibition held here. Is that $10,000 a gift? Thank you, Cecily Macy VP of Development Pennsylvania Academy of the Fine Arts

I think there are ways to structure it so that it could be a charitable contribution, but the way you outlined doesn't look like a charitable contribution. It would be tax deductible to the grantor though as a business expense. Thank you, Isaac Shalev CRM Expert Sage70, Inc. (917) 859-0151 isaac@sage70.com Schedule a *30-minute consultation *now: https://calendly.com/sage70/30min On Tue, Jul 30, 2019 at 9:16 AM Cecily Macy <cecily.mandl@gmail.com> wrote: > Another institution applied for and received grant funding for an > exhibition that will be coming to our institution. In turn, that > institution will be giving us $10,000 to help cover the expenses of having > that exhibition held here. > > Is that $10,000 a gift? > > Thank you, > > Cecily Macy > VP of Development > Pennsylvania Academy of the Fine Arts >

I do not see it. This is a payment for services rendered. Only if you were offering to conduct the exhibit at no cost and they voluntarily made a contribution to you - perhaps to the annual fund - could I see a charitable contribution. 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, Jul 30, 2019 at 9:16 AM Cecily Macy <cecily.mandl@gmail.com> wrote: > Another institution applied for and received grant funding for an > exhibition that will be coming to our institution. In turn, that > institution will be giving us $10,000 to help cover the expenses of having > that exhibition held here. > > Is that $10,000 a gift? > > Thank you, > > Cecily Macy > VP of Development > Pennsylvania Academy of the Fine Arts >

It’s hard to tell from the information provided. If the funding underwrote expenses that you would otherwise pay from institutional funds, you’d probably have a defensible case. On the other hand, if this were related to a contractual relationship that you would host the exhibition and in return would receive this funding to cover expenses, it would be unlikely to be a charitable contribution. It seems like there is quite a bit of gray area between those poles! My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://www.si.edu/> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 9:59 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Is this a gift? I do not see it. This is a payment for services rendered. Only if you were offering to conduct the exhibit at no cost and they voluntarily made a contribution to you - perhaps to the annual fund - could I see a charitable contribution. 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, Jul 30, 2019 at 9:16 AM Cecily Macy <cecily.mandl@gmail.com<mailto:cecily.mandl@gmail.com>> wrote: Another institution applied for and received grant funding for an exhibition that will be coming to our institution. In turn, that institution will be giving us $10,000 to help cover the expenses of having that exhibition held here. Is that $10,000 a gift? Thank you, Cecily Macy VP of Development Pennsylvania Academy of the Fine Arts