160: Gift Acceptance Policies Part 3: IRS Compliance, Donor Recognition & Implementation

160: Gift Acceptance Policies Part 3: IRS Compliance, Donor Recognition & Implementation

Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and episode 160 is the third of three episodes focusing on gift acceptance policies for public charities. In this episode, I will focus on aspects of the gift acceptance policy that address IRS compliance, donor recognition, and implementation. In episode 159, I talked about the spectrum of gifts. A well-crafted gift acceptance policy will cover the various types of assets that the organization wants to pursue. These range from the easiest gifts, gifts of cash, to those that are a little bit more complex, like real estate, and to the most complex things, like cryptocurrency, private company interests, and the like. In the first episode in the series, episode 158, I provided an introduction to why gift acceptance policies matter, what they are, the governing principles, and who makes decisions at each step of the gift intake process. Show Notes: Publication 526 (2025), Charitable Contributions | Internal Revenue Service [https://www.irs.gov/publications/p526#:~:text=Digital%20assets%20are%20not%20publicly%20traded%20securities%20for%20the%20purposes%20of%20Form%208283%2C%20Section%20B%2C%20unless%20the%20digital%20asset%20is%20publicly%20traded%20stock%20or%20indebtedness.%0AIf%20the%20value%20of%20the%20digital%20asset%20exceeds%20%245%2C000%2C%20appraisal%20requirements%20will%20apply.] EO Radio Show #159: Gift Acceptance Policies Part 2: The Gift Spectrum [https://www.fbm.com/exempt-organizations/publications/gift-acceptance-policies-part-2-the-gift-spectrum/] EO Radio Show #158: Gift Acceptance Policies Part 1: What, Why, and Who [https://www.fbm.com/publications/gift-acceptance-policies-part-1-what-why-and-who/] EO Radio Show #157: A Case Study on Charitable Deduction Acknowledgment Requirements [https://www.fbm.com/exempt-organizations/publications/a-case-study-on-charitable-deduction-acknowledgment-requirements/] EO Radio Show Nonprofit Governance playlist [https://www.youtube.com/watch?v=vH_jkJ93PFw&list=PLh7tE5QyhP2uDghPmg3TaHw6FnYOVijzH] EO Radio Show UPMIFA episodes: #16: Basics of Impact Investing: A Conversation About Investment Policies and Evaluation Metrics For ESG Investors [https://www.fbm.com/publications/basics-of-impact-investing-a-conversation-about-investment-policies-and-evaluation-metrics-for-esg-investors/] #35: UPMIFA in the Context of Financial System Instability [https://www.fbm.com/publications/hot-topic-upmifa-in-the-context-of-financial-system-instability/] #73: Nonprofit Basics: Unpacking Prudent Investments, PRIs, and MRIs [https://www.fbm.com/publications/nonprofit-basics-unpacking-prudent-investments-pris-and-mris/] #82: Advice for Nonprofit Investment Committees From an Investment Advisor [https://www.fbm.com/publications/advice-for-nonprofit-investment-committees-from-an-investment-advisor/] #123: Investing Charity and Foundation Assets in Turbulent Times With Jennifer Nelson [https://www.fbm.com/publications/investing-charity-and-foundation-assets-in-turbulent-times-with-jennifer-nelson/] If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com [eoradioshow@fbm.com]. Additional episodes are available at EORadioShowByFarella.com [http://www.eoradioshowbyfarella.com/]. DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

159: Gift Acceptance Policies Part 2: The Gift Spectrum

Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and episode 159 is the second of three episodes focusing on gift acceptance policies for public charities. In this episode, I'll talk about a spectrum of gifts and the diligence that applies to each. I'll have a little deeper dive into certain kinds of gifts and some planned giving vehicles. In the first episode in the series, episode 158, I provided an introduction to why gift acceptance policies matter, what they are, the governing principles, and who makes decisions at each step of the gift intake process. In the next episode, part three, I'll cover IRS compliance requirements, donor recognition, and the implementation of gifts subject to significant restrictions. Show Notes: Publication 526 (2025), Charitable Contributions | Internal Revenue Service [https://www.irs.gov/publications/p526#:~:text=Digital%20assets%20are%20not%20publicly%20traded%20securities%20for%20the%20purposes%20of%20Form%208283%2C%20Section%20B%2C%20unless%20the%20digital%20asset%20is%20publicly%20traded%20stock%20or%20indebtedness.%0AIf%20the%20value%20of%20the%20digital%20asset%20exceeds%20%245%2C000%2C%20appraisal%20requirements%20will%20apply.] EO Radio Show #157: A Case Study on Charitable Deduction Acknowledgment Requirements [https://www.fbm.com/exempt-organizations/publications/a-case-study-on-charitable-deduction-acknowledgment-requirements/] EO Radio Show #158: Gift Acceptance Policies Part 1: What, Why, and Who [https://www.fbm.com/publications/gift-acceptance-policies-part-1-what-why-and-who/] EO Radio Show Nonprofit Governance playlist [https://www.youtube.com/watch?v=vH_jkJ93PFw&list=PLh7tE5QyhP2uDghPmg3TaHw6FnYOVijzH] If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com [eoradioshow@fbm.com]. Additional episodes are available at EORadioShowByFarella.com [http://www.eoradioshowbyfarella.com/]. DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

158: Gift Acceptance Policies Part 1: What, Why, and Who

Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and this is episode 158 of EO Radio Show. This episode is the first in a three-part series focusing on gift acceptance policies for public charities. The first episode will provide an introduction to why gift acceptance policies matter, what they are, the governing principles, and who makes decisions at each step of the gift intake process. In part two, I'll cover the gift spectrum, the asset types from easy to hard that are addressed in a gift acceptance policy. I'll do a deeper dive into real estate diligence, since it's a pretty common, complex asset. In part three, I'll cover compliance, recognition, and implementation. In that episode, I'll discuss the IRS requirements for reporting charitable contributions and other matters commonly addressed in gift acceptance policies. Show Notes: Publication 526 (2025), Charitable Contributions | Internal Revenue Service [https://www.irs.gov/publications/p526#:~:text=Digital%20assets%20are%20not%20publicly%20traded%20securities%20for%20the%20purposes%20of%20Form%208283%2C%20Section%20B%2C%20unless%20the%20digital%20asset%20is%20publicly%20traded%20stock%20or%20indebtedness.%0AIf%20the%20value%20of%20the%20digital%20asset%20exceeds%20%245%2C000%2C%20appraisal%20requirements%20will%20apply.] EO Radio Show episode 157: A Case Study on Charitable Deduction Acknowledgment Requirements [https://www.fbm.com/exempt-organizations/publications/a-case-study-on-charitable-deduction-acknowledgment-requirements/] EO Radio Show Nonprofit Governance playlist [https://www.youtube.com/watch?v=vH_jkJ93PFw&list=PLh7tE5QyhP2uDghPmg3TaHw6FnYOVijzH] If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com [eoradioshow@fbm.com]. Additional episodes are available at EORadioShowByFarella.com [http://www.eoradioshowbyfarella.com/]. DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

157: A Case Study on Charitable Deduction Acknowledgment Requirements

Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and this is episode 157 of EO Radio Show. On June 10, 2026, the tax court issued an opinion in a case that presents a great opportunity to discuss charitable deduction acknowledgment requirements. For listeners who want to read the opinion, we have a link to the case, Wells v. Commissioner, in the show notes. A case like this is a lot less dry than a recitation of the rules about charitable deduction acknowledgment requirements, and it's easy to empathize with the donor when the full color of real life serves as a backdrop to the legal concepts. Show Notes: Wells v. Commissioner (T.C. Memo. 2026-49) [https://scholar.google.com/scholar_case?case=14903427380098630355&q=Wells+v.+Commissioner+(T.C.+Memo.+2026-49)&hl=en&as_sdt=2006&as_vis=1] If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com [eoradioshow@fbm.com]. Additional episodes are available at EORadioShowByFarella.com [http://www.eoradioshowbyfarella.com/]. DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

156: New Proposed Registration Rules for California Charities

Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and this is episode 156 of EO Radio Show. Today, we are going to talk about proposed changes to the filing process requirements for charities that are required to register with the California Registry of Charities and Fundraisers. These proposed changes apply to both the initial registration and annual renewal forms filed by California charities. One might think that this episode will be of interest only to California-based charities, but that would be wrong. All charitable organizations that solicit donations from California residents should take note. Show Notes: Registry of Charities and Fundraisers Online Filing Service: Notice of Proposed Adoption of Regulations [https://oag.ca.gov/charities/regs/registry-of-charities-and-fundraisers-online-filing-service] Attorney General Charities Homepage [https://oag.ca.gov/charities] Attorney General Initial Registration CT-1 FAQ [https://oag.ca.gov/charities/initial-reg] Attorney General Registry of Charities and Fundraisers' Existing Registry Search Tool [https://rct.doj.ca.gov/Verification/Web/Search.aspx?facility=Y] EO Radio Show #38: Nonprofit Quick Tip: Secretary of State Filings in California and Delaware [https://www.fbm.com/publications/nonprofit-quick-tips-secretary-of-state-filings-in-california-and-delaware/] EO Radio Show #49: Nonprofit Basics: Winding up a California Charity [https://www.fbm.com/publications/nonprofit-basics-how-to-wind-up-a-california-charity/] EO Radio Show #51: Nonprofit Basics: How To Withdraw a Foreign Charity From California Registration [https://www.fbm.com/publications/nonprofit-basics-how-to-withdraw-a-foreign-charity-from-california-registration/] EO Radio Show #151: Charities Exiting California: Paperwork, Pitfalls, and Patience [https://www.fbm.com/publications/charities-exiting-california-paperwork-pitfalls-and-patience/] If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com [eoradioshow@fbm.com]. Additional episodes are available at EORadioShowByFarella.com [http://www.eoradioshowbyfarella.com/]. DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.