PURPOSE & SCOPE
Defines the assets The Big Impact Alliance and Think Big Foundation Inc. will consider, and the authority for accepting them.
Policy language pending board approval. This section is structured and reserved for the approved text.
Giving governance
GIFT
ACCEPTANCE
POLICY.
Asset giving requires discipline. This is the framework under which offers are reviewed, accepted, declined, valued and stewarded.
ACCEPTABLE GIFTS
Cash, publicly traded securities, vehicles, real property, travel rewards, in-kind goods and professional services.
Policy language pending board approval. This section is structured and reserved for the approved text.
GIFTS REQUIRING REVIEW
Real property, closely held or restricted securities, encumbered assets, digital assets and gifts with donor conditions.
Policy language pending board approval. This section is structured and reserved for the approved text.
GIFTS NOT ACCEPTED
Assets creating liability, environmental exposure, unmanageable carrying costs or conflict with the mission.
Policy language pending board approval. This section is structured and reserved for the approved text.
VALUATION & APPRAISAL
Donor responsibility for qualified appraisals, and the organization's role in substantiation and acknowledgement.
Policy language pending board approval. This section is structured and reserved for the approved text.
ACKNOWLEDGEMENT & RECEIPTS
Tax receipting standards, IRS form handling and the timeline for donor documentation.
Policy language pending board approval. This section is structured and reserved for the approved text.
USE, SALE & DISPOSITION
How accepted assets are placed with recipients, deployed in programs or liquidated to fund the mission.
Policy language pending board approval. This section is structured and reserved for the approved text.
CONFLICTS & CONFIDENTIALITY
Conflict-of-interest review, donor privacy, anonymity requests and record retention.
Policy language pending board approval. This section is structured and reserved for the approved text.
Funding, grants and charitable contributions are administered through Think Big Foundation Inc. Think Big Foundation Inc. also provides fiscal sponsorship to select eligible organizations and initiatives. Tax receipts are issued by Think Big Foundation Inc. Nothing on this page constitutes tax or legal advice; please consult your own advisors.
