Category

Runways to Freedom Gift Acceptance Policy

1. Discretionary Acceptance
   Acceptance of any contribution, gift, or grant is at the discretion of Runways to Freedom. The organization will only accept gifts that align with its mission and purpose, ensuring they can be utilized or expended in a manner consistent with the organization’s goals.
2. Donor Financial Security
   No irrevocable gift, whether outright or involving life-income arrangements, will be accepted if it could reasonably jeopardize the donor’s financial security under any circumstances.
3. Tax and Legal Guidance
   Runways to Freedom will not provide tax, legal, or other financial advice to donors. We encourage all donors to seek independent professional advice to assist them in the donation process.
4. Types of Acceptable Donations
   Runways to Freedom will accept donations in the form of cash or publicly traded securities. Gifts of in-kind services may also be accepted at the discretion of the organization.
5. Review of Certain Donations
   Certain gifts, such as real property, personal property, in-kind gifts, non-liquid securities, and donations with unclear sources or restricted uses, will undergo review prior to acceptance. This is to ensure that these contributions do not present undue obligations or liabilities for Runways to Freedom.
6. Acknowledgments and Receipts
   Runways to Freedom will provide acknowledgment to donors meeting the necessary tax requirements for gifts received. However, apart from cash and publicly traded securities, no specific monetary value will be attributed to receipts or forms of substantiation for other types of donations.
7. Donor Intent and Anonymity
   The organization will honor the intentions of donors regarding gifts with specific purposes, including requests for anonymity. For anonymous donations, information about the donor will be limited to staff members with a need to know.
8. Prohibition of Compensation for Gift Referrals
   Runways to Freedom will not compensate any third party, through commissions, finders' fees, or other means, for directing a gift or a donor to the organization.