A board-approved set of guidelines defining which gifts a nonprofit will and will not accept, and under what terms.
A gift acceptance policy is a written, board-approved document that defines what types of gifts an organization will accept, which it will decline, and the conditions attached to each. It provides clear guidance for staff and protects the organization from accepting gifts that create more burden than benefit.
Such policies are especially important for complex or non-cash gifts. Accepting certain in-kind donations, real estate, illiquid securities, or gifts with unusual restrictions can carry costs, liabilities, or reputational risks that outweigh their value.
A good policy also clarifies how restricted gifts are handled, who has authority to accept unusual gifts, and when legal or financial review is required. Because the implications can be significant, these policies are typically developed with input from legal and financial advisors.
See it in Kindly
A non-cash contribution of goods, services, or time given to a nonprofit instead of money.
The price an item or service would sell for between a willing buyer and seller in an open market.
Donations that a donor has designated for a specific purpose or program rather than general use.
A written thank-you and receipt a nonprofit sends a donor to recognize a gift and document it.
Manage donors, volunteers, members, and events together in one nonprofit platform, for one predictable subscription with no cut taken from donations.
