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Gift Acceptance Policy

General Information

 

Perpetual Care Group Home for Veterans, a non-profit corporation organized under the laws of the State of Missouri. The following policies govern acceptance of gifts made to Perpetual Care Group Home for Veterans and its component funds. The mission of Perpetual Care Group Home for Veterans is to partner with donors to help charities, especially those focused on veterans, to acquire shelter and possible permanent independent housing.

 

1. Purpose of These Policies - Perpetual Care Group Home for Veterans encourages and solicits current and deferred gifts to secure its future growth and mission. The following policies govern the acceptance of gifts made to Perpetual Care Group Home for Veterans and are intended to assist the Board of Directors, staff and committees in their decisions whether to accept a gift. In addition, the Perpetual Care Group Home for Veterans Board of Directors and staff must assure that gifts accepted do not place other assets of Perpetual Care Group Home for Veterans at unnecessary risks.

2. Confidentiality - All communication with donors and information concerning donors and prospective donors shall be held in strict confidence by Perpetual Care Group Home for Veterans, subject to legally authorized and enforceable requests for information by governing agencies and courts. All other requests for donor information will be honored or allowed only if the donor grants permission, in writing, prior to the release of such information.

3. Perpetual Care Group Home for Veterans Responsibilities - Perpetual Care Group Home for Veterans staff should disclose to all prospective donors matters that could reasonably be expected to influence a donor’s decision to make a gift to Perpetual Care Group Home for Veterans. Perpetual Care Group Home for Veterans advises all donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts and the resulting tax and estate planning consequences. In particular donors should be made aware of:

  • The irrevocability of a gift;

  • Items subject to market variability (market value, investment return, and income yield);

  • Perpetual Care Group Home for Veterans’ responsibility to provide periodic financial statements on donor funds.

The role of Perpetual Care Group Home for Veterans staff shall be to inform, guide and assist a donor in fulfilling his or her philanthropic wishes but never to pressure or unduly influence a donor’s decision.

4, Ethical Standards - Perpetual Care Group Home for Veterans is committed to the highest ethical standards. Perpetual Care Group Home for Veterans, its staff and volunteer representatives shall adhere to both the Code of Ethical Principles and Standards.

 

5. Gift Acceptance CommitteePerpetual Care Group Home for Veterans commits to properly screening and accepting those gifts and making recommendations to the Board of Directors on gift acceptance issues when appropriate for gifts of cash.

 

6. Restrictions of Gifts - Perpetual Care Group Home for Veterans will not accept any gift that jeopardizes its tax-exempt status, and it reserves the right to decline any gift that it believes not to be in its best interest.

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