IN-KIND DONATION ACCEPTANCE POLICY
Acceptance of any contribution, gift or grant is at the discretion of the National TRUST Center. The National TRUST Center will not accept any gift unless it can be used or expended consistently with the purpose and mission of The National TRUST Center.
No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the gift would jeopardize the donor’s financial security.
The National TRUST Center will refrain from providing advice about the possible tax consequences or benefit or other treatment of gifts and will encourage donors to seek guidance from their own professional advisors to assist them in the process of making their decisions regarding donations.
The National TRUST Center will accept donations of cash. Gifts of in-kind services will be accepted at the discretion of The National TRUST Center.
Certain other gifts, real property, personal property, in-kind gifts and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for The National TRUST Center.
The National TRUST Center will provide acknowledgments to donors meeting IRS substantiation requirements for property received by the charity as a gift. However, except for gifts of cash, no value shall be ascribed to any receipt or other form of substantiation of a gift received by The National TRUST Center.
The National TRUST Center will respect the intent of the donor relating to gifts for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous gifts, The National TRUST Center will restrict information about the donor to a need to know basis.
Adopted August, 2016.