Meeting the Challenges of Accepting and Receipting Gifts

December 12, 2011 & December 14, 2011 - 1:00 to 3:00 pm EST

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Overview

Better understand the varieties of possible charitable contributions and your institution’s obligations for each variation.

While many nonprofit gifts are straightforward, others present particular challenges and require special attention. There are some that can only be responded to in certain ways, others the IRS does not consider gifts at all, and still more that should be considered carefully before accepting. Understanding the specifics of these and other charitable contributions makes it possible for your institution to meet its legal requirements, protect its own interests, and provide superior donor service.

Join us online to better understand the varieties of possible contributions and your institution's obligations for each variation. A comprehensive event on gift receipting and acceptance, this program will cover:

Defining charitable contributions for federal income tax purposes
Identifying the legal donor of a gift
Gift receipt requirements and considerations
Non-cash gift issues
Recent tax code changes and updates
Considerations to weigh before accepting a gift

WHO SHOULD ATTEND

US advancement services professionals of all experience levels will benefit from attendance. Novice participants will gain a strong introduction to the basics of gift receipting/acceptance and learn how to recognize more advanced topics when they arise. More seasoned participants will benefit from an advanced 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 gift receipting/acceptance challenges and why they are not as complex as they appear.

CFRE AND CONTINUING LEGAL EDUCATION (CLE) CREDITS

Full participation in Meeting the Challenges of Accepting and Receipting Gifts is applicable for 4.0 points in Category 1.B - Education of the CFRE International application for initial certification and/or recertification.

Most Academic Impressions law-related events are applicable for Continuing Legal Education (CLE) credits in the state of Colorado. This program has been approved for 2 general CLE credits per session. Credit may be granted by states outside of Colorado, but credit decisions are at the discretion of individual state boards.

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CPE CREDITS

Recommended CPE Credits: 4.5
(Specialized Knowledge and Applications): Group-Internet
Prerequisites: None
Program Level: Basic

Academic Impressions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Website: www.nasba.org

Agenda

Learning Outcome:

After participating in this webcast, you will better understand the varieties of possible charitable contributions to more accurately accept and receipt your donors' gifts.

Session 1: Monday, December 12, 2011

Gift Definitions and Receipting

1:00 - 3:00 p.m. EST

Understanding gifts
- 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
  - The basic principle: Whose money is it?
  - The value and limitations of the "name on the check" rule of thumb
  - Understanding donor-advised and donor-directed funds
  - Legal agents
- Defining when a gift is complete and completeness is important
- Being precise in talking about "deductibility"
- Quid pro quo transactions
Gift receipts
- Understanding responsibilities related to 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?
  - Best practices
- Did the Pension Protection Act of 2006 change anything?
- Applying receipt requirements to special cases
  - Non-cash and planned gifts
  - Payroll deduction
  - Auctions
  - Non-reimbursed expenses
- When not to send a receipt
- Receipting charitable IRA distributions (if Congress reauthorizes them)

Session 2: Wednesday, December 14, 2011

Non-Cash Gifts and Acceptance Considerations

1:00 - 3:00 p.m. EST

Non-cash gifts
- Understanding types of non-cash gifts
  - Publicly traded securities
  - Closely held securities
  - Real vs. tangible personal property
  - Motor vehicles, boats, and airplanes
- Understanding additional distinctions that will be important to your donors
  - Depreciable property
  - Capital gains property
  - Ordinary income property
  - Intangible personal property
- What did the Pension Protection Act of 2006 change?
- IRS Forms 8283 and 8282
  - When are the forms required?
  - What does the donor, appraiser, and recipient certify on the 8283?
- IRS Form 1098-C
Gift acceptance
- Understanding why you might not want to accept a gift and the consequences for non-acceptance
- Setting up policy for final decisions
- Case studies
  - Support for your organization's mission?
  - Restrictions and obligations
  - Encumbrances
  - Community relations

Want more information about this event?

Contact Jason J. Shuba, Senior Conference Director if you'd like additional information about the program agenda.

Instructors

Alan S. Hejnal

Director, Records Management

University of Oregon Foundation

An advancement professional for 20 years, Alan brings a broad background to the subject of reporting standards and responsibilities. Previously affiliated with institutions such as Claremont Graduate University and Gettysburg College, he most recently managed the University of Richmond’s efforts in gift processing, demographic data, and reporting, also serving as his division’s liaison to information services. A regular conference speaker since beginning his career, Alan is the author of two chapters in the second edition of the CASE book Advancement Services: A Foundation for Fundraising.

Registration

CD Recording of Live Webcast

$350.00

Session 1: Gift Definitions and Receipting CD Recording

Attendee Information

Please provide your information.

State/Province *

Country *

Additional Attendees:		Order
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	First Name Last Name Job Title Email	Weight for row 16

$350.00

Session 2: Non-Cash Gifts and Acceptance Considerations CD Recording

Attendee Information

Please provide your information.

State/Province *

Country *

Additional Attendees:		Order
	First Name Last Name Job Title Email	Weight for row 1
	First Name Last Name Job Title Email	Weight for row 2
	First Name Last Name Job Title Email	Weight for row 3
	First Name Last Name Job Title Email	Weight for row 4
	First Name Last Name Job Title Email	Weight for row 5
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	First Name Last Name Job Title Email	Weight for row 9
	First Name Last Name Job Title Email	Weight for row 10
	First Name Last Name Job Title Email	Weight for row 11
	First Name Last Name Job Title Email	Weight for row 12
	First Name Last Name Job Title Email	Weight for row 13
	First Name Last Name Job Title Email	Weight for row 14
	First Name Last Name Job Title Email	Weight for row 15
	First Name Last Name Job Title Email	Weight for row 16

On-Demand Download of Live Webcast (180 day license)

$350.00

Session 1: Gift Definitions and Receipting On-Demand Download

Attendee Information

Please provide your information

State/Province *

Country *

$350.00

Session 2: Non-Cash Gifts and Acceptance Considerations On-Demand Download

Attendee Information

Please provide your information

State/Province *

Country *

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Meeting the Challenges of Accepting and Receipting Gifts

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WHO SHOULD ATTEND

CFRE AND CONTINUING LEGAL EDUCATION (CLE) CREDITS

CPE CREDITS

Session 1: Monday, December 12, 2011

Gift Definitions and Receipting

Session 2: Wednesday, December 14, 2011

Non-Cash Gifts and Acceptance Considerations

Want more information about this event?

Alan S. Hejnal

CD Recording of Live Webcast

Session 1: Gift Definitions and Receipting CD Recording

Session 2: Non-Cash Gifts and Acceptance Considerations CD Recording

On-Demand Download of Live Webcast (180 day license)

Session 1: Gift Definitions and Receipting On-Demand Download

Session 2: Non-Cash Gifts and Acceptance Considerations On-Demand Download

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