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Overview:
While many non-profit contributions are straightforward, others present particular challenges and require special attention. Understanding the specifics of these troublesome contributions will make it possible for your organization to meet its legal requirements, protect its interests, and provide superior donor service.
Join us for the Understanding Charitable Gift Receipting on-demand webcast to better understand the varieties of possible charitable contributions and your institutional obligations for each variation. A comprehensive event on gift receipting, this program covers:
- What is a charitable contribution for federal income tax purposes
- Who is the the legal donor of a gift
- What is required for a gift receipt
- Issues particular to non-cash gifts
- How the Pension Protection Act of 2006 changed your obligations
- How and when to use each IRS receipting form
Continuing Legal Education (CLE) Credits
Most Academic Impressions legal-related events are approved for Continuing Legal Education (CLE) credit in the state of Colorado. If you are interested in receiving "home-study" credit for participating in this on-demand webcast, please contact us at 720.488.6800 to request that we apply for credit. Credit may be granted by states outside of Colorado, but credit decisions are at the discretion of individual state boards.
Target Audience:
US advancement services professionals of all experience levels will benefit from attendance. Novice participants will be introduced to the basics of gift receipting and learn how to recognize more advanced topics when they arise. More seasoned participants will benefit from a discussion of donor-advised funds, non-cash gifts, and new IRS form requirements. Both groups will gain from a discussion of common fundraising activities (such as charitable auctions) that present unique challenges.
Program Agenda:
| ON-DEMAND Presentation |
| Live Session Took Place on Monday, March 16, 2009 |
- Understanding general gift considerations
- Identifying what is and is not a gift according to the IRS
- The key characteristics of a charitable contribution
- Common activities that are explicitly not gifts
- Identifying the legal donor
- Defining when a gift is complete and why that is important
- Being precise in discussing "deductibility"
- Quid pro quo transactions and donor advised funds considerations
- Producing proper gift receipts
- Substantiating a charitable contribution
- What is the donor responsible for substantiating?
- What is your organization responsible for substantiating?
- Understanding acknowledgment and disclosure requirements
- Why are there two sets of requirements?
- When is a receipt required and what has to be included?
- Effects of the Pension Protection Act of 2006
- Receipt requirements in special cases
- Non-cash and planned gifts
- Payroll deduction
- Auctions
- Unreimbursed expenses
- When not to send a receipt
- Receipting charitable IRA distributions
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| ON-DEMAND Presentation |
| Live Session Took Place on Tuesday, March 17, 2009 |
- Dealing with non-cash gifts
- Types of non-cash gifts
- Publicly traded vs. closely held securities
- Real vs. tangible personal property
- Motor vehicles, boats, and airplanes
- Additional distinctions for property
- Depreciable property
- Capital gains property
- Ordinary income property
- Intangible personal property
- Effects of the Pension Protection Act of 2006
- Related vs. unrelated use issues
- Appraisal and appraiser issues
- Understanding the required IRS forms
- 8283 and 8282
- 1098-C
- Revised 990
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Instructor:
Alan S. Hejnal, Director, Advancement Services, University of Richmond
An advancement professional for twenty years, Alan brings a broad background to the subject of gift receipting regulations. Previously affiliated with institutions such as Claremont Graduate University and Gettysburg College, Alan currently manages Richmond's efforts in gift processing, demographic data, reporting, prospect research, and donor relations and also serves as his division's liaison to information services. He has been a regular conference speaker since beginning his career and recently authored two chapters in the second edition of the CASE book Advancement Services: A Foundation for Fundraising.
Ordering Information:
Ordering
Order online using our secure ordering system, or call 720.488.6800. After ordering, you will receive a confirmation of payment or an invoice, depending on method of payment. All audio is streamed on your computer speakers using your computer's sound card. |
Shipping
A CD-ROM version of the archive will be mailed within 3 business days of the time the order is placed. Shipping within the United States and Canada is free of charge. For orders shipped outside the United States and Canada, an additional $35 USD will be charged. |
Order Online:
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