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This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

I cannot recall if I have shared this link before - but it's a good one! And it addresses this topic and several others. See the events section for this issue:

Donor-Advised Fund Rules – Can I Use My DAF for That? nptrust.org

John H. Taylor

919.816.5903 (Cell/Text)

Big Ideas; Small Keyboard

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

Hi John, I'm sure it's on the site somewhere, but if a donor requests money from his DAF for a gala, but cannot attend and gives the table back to the university. He is not incurring any incidental benefits. We would not send him a tax receipt, but just a thank you acknowledgement for the gift. Is this ok? 

Thank you! 

Holley 

I cannot recall if I have shared this link before - but it's a good one! And it addresses this topic and several others. See the events section for this issue:

Donor-Advised Fund Rules – Can I Use My DAF for That? nptrust.org

John H. Taylor

919.816.5903 (Cell/Text)

Big Ideas; Small Keyboard

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

Hi John, I'm sure it's on the site somewhere, but if a donor requests money from his DAF for a gala, but cannot attend and gives the table back to the university. He is not incurring any incidental benefits. We would not send him a tax receipt, but just a thank you acknowledgement for the gift. Is this ok? 

Thank you! 

Holley 

I cannot recall if I have shared this link before - but it's a good one! And it addresses this topic and several others. See the events section for this issue:

Donor-Advised Fund Rules – Can I Use My DAF for That? nptrust.org

John H. Taylor

919.816.5903 (Cell/Text)

Big Ideas; Small Keyboard

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?

Sure thing, end of day brain. I think that he just recommended a grant for the university- and was letting us know he will not be attending this year. I get what you are saying that he would not have any thing to turn back in. Thanks so much for the speedy reply. HN 

Hi John, I'm sure it's on the site somewhere, but if a donor requests money from his DAF for a gala, but cannot attend and gives the table back to the university. He is not incurring any incidental benefits. We would not send him a tax receipt, but just a thank you acknowledgement for the gift. Is this ok? 

Thank you! 

Holley 

I cannot recall if I have shared this link before - but it's a good one! And it addresses this topic and several others. See the events section for this issue:

Donor-Advised Fund Rules – Can I Use My DAF for That? nptrust.org

John H. Taylor

919.816.5903 (Cell/Text)

Big Ideas; Small Keyboard

John,

Why would this be fraud, if the donation portion is sent by the DAF and the FMV is paid separately?

Thank you, John. Is there any liability the charitable organization for accepting the gifts or is it truly a donor issue? In this scenario, the donor committed to a $25K event sponsorship that grants him a table for 10. He sent two payments from his DAF, one for $23,250 and one for $1,750 (value of goods and services). 

This year we have been actively working towards not accepting DAF payments or bifurcated payments for our two signature events. We receive a lot of resistance from donors and at times their legal teams regarding this. What is the best way to navigate these conversations without discuraging donor participation of these key initiatives?