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Revision as of 14:24, 19 September 2007
The Appropedia Foundation is pursuing 501(c)(3) tax exemption status. Below is the Gift Acceptance Policy that has been 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: 1. Securities that are under a commitment to sell will not be accepted. 2. Timing of the transfer of securities must be coordinated with the Appropedia Foundation treasurer. Contact the Treasurer via email at treasurer@appropedia.org. 3. 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 reserves the right to refuse any gift that it believes is not in the best interest of the Foundation.