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Appropedia:Gift Acceptance Policy
The Appropedia Foundation has 501(c)(3) tax exemption status under US law. Below is the Gift Acceptance Policy that was submitted as part of the exemption application.
The Appropedia Foundation accepts gifts of any amount in the form of cash or marketable securities. Gifts of marketable securities are subject to timing constraints and must be coordinated with the Foundation’s Treasurer. The following timing considerations apply:
- Securities that are under a commitment to sell will not be accepted.
- Timing of the transfer of securities must be coordinated with the Appropedia Foundation treasurer. Contact the Treasurer via email at firstname.lastname@example.org.
- Marketable securities are sold upon acceptance.
The Appropedia Foundation does not accept gifts real estate, personal property, real estate, partnership interests or other assets, including gifts through trusts, estates or insurance policies.
The Appropedia Foundation does not allow restrictions to be placed on donations except that donors may direct their donations to specific project funding accounts as may be identified by the Appropedia Foundation from time to time. Under no circumstances will donations be available for loans or grants to the original donors.
The Appropedia Foundation reserves the right to refuse any gift that it believes is not in the best interest of the Foundation.