Considerations in negotiating and drafting gift agreements
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
Girl holding a purple gift in her hand
Resources

Considerations in negotiating and drafting gift agreements

7 months ago · 3 min read

AICPA MEMBER

ACCESS

When accepting gifts from donors, it is vitally important to consider the underlying laws and principles that govern those gift agreements.

Gift agreements may be oral, written, merely implied based on the form and content of a donor solicitation, or nonexistent altogether. Many gifts are given by donors who have no contact with the NFP, the only evidence of their intent to contribute manifested by the receipt of a single check, on-line payment, or cash donation. In certain instances,

Reserved for AICPA members

Already an AICPA member?

Log in with your AICPA account
 
Forgotten email
Forgotten password

Not an AICPA member?

Discover the benefits of AICPA membership

Mentioned in this article

Topics

Subtopics

Manage preferences

Related content