IAHPC Gift and Donations Policy

IAHPC - Gift Acceptance Policy

This policy serves as a guideline for the IAHPC staff and board members who assist in the gift planning and solicitation process, and for prospective donors who wish to make gifts to IAHPC of unrestricted funds, restricted grants, donations of non-cash assets and endowment funds. 

IAHPC solicits and accepts gifts that are consistent with its mission and that support its core programs, as well as special projects. IAHPC can raise money in the USA and abroad and receive grants from foreign individuals, governments, organizations and other sources, so long as the activities do not involve specifically banned sources and they align with the in compliance with IRS regulations for public charities. 

To facilitate the receipts of gifts and bequests, IAHPC must be capable of responding quickly and in the affirmative where possible to all gifts offered by prospective donors. Unless stated otherwise, these policies apply to all gifts.

Guidelines

  1. The Chairperson of IAHPC, the Executive Director, any Board or staff member of the organization, have authority to solicit and/or accept gifts on behalf of IAHPC.
  2. The Chairperson of IAHPC may establish a Gift Review Committee responsible for recommending whether or not IAHPC should accept proposed gifts. The Chairperson shall have the authority to appoint to the Gift Review Committee board directors and/or employees of IAHPC and/or external advisers, on an ad hoc basis, who have special expertise that may be needed in order to make a decision on a specific gift.
  3. The Gift Review Committee may consider each gift according to its intended use, restrictions, liabilities and financial impact on IAHPC, now and in the future. Only gifts, grants, donations, bequests, devises, endowments, trusts and similar funds that are designated for the use of IAHPC consistent with the stated vision and mission of the organization will be considered for acceptance.
  4. The Executive Director or gift solicitor will refer to the Gift Review Committee, before acceptance, gifts that are given with unusual restrictions or designations, have the potential of jeopardizing the tax-exempt status or violating IAHPC policies, local, state or federal laws.
  5. The committee, and/or Executive Director shall request the opinion of legal counsel whenever necessary to make a decision on a gift.

Types of Gifts

Cash

Checks shall be made payable to IAHPC, unless otherwise specified. In no event shall a check be made payable to an individual who represents IAHPC.

Publicly Traded Securities
Closely Held Securities 
Life Insurance
Individual Retirement Accounts (IRAs)
Tangible Personal Property
Planned Gifts and Memorials
Administrative Issues