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Legal, Possible, & Practical? Check Yes or No

September 13 @ 1:00 PM - 2:00 PM EDT

Donor Relations Guru

By far, one of the most challenging areas of our work is determining legality standards in the gift agreements that govern our philanthropic gifts. Is it legal? Is it possible? Is it practical? Chances are, the answer is in a gray area, or at least requires a legal or financial judgement call. Of which, we are not typically lawyers or accountants, but we serve on the front lines of these conversations. The good news is that you are not alone and many organizations struggle with determining the legal, possible, and practical status of their fund purposes. The bad news is that it doesn’t make it any easier and doesn’t take away any of the liability of your organization may be facing if you are administering funds not in compliance with IRS or federal regulation, or against the court of public opinion (otherwise known as potentially really bad PR). Join this webinar for an overview of what constitutes legal, possible, and practical in your gift agreements, how to bring your development partners along in these critical conversations, and how to course correct these issues if they currently exist in your gift documentation.

Learning Outcomes:

  1. Define legal, possible, and practical in term of gift agreement terms with samples of each

  2. Identify steps on how to correct illegal and impossible fund criteria

  3. Explore samples of sustainable and tiered gift purposes


September 13
1:00 PM - 2:00 PM EDT
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Donor Relations Guru

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