What Nonprofits Need to Know When Deciding Whether to Accept Restricted Donations

In their recent Inside Philanthropy article, “What Nonprofits Need to Know When Deciding Whether to Accept Restricted Donations,” partner Heather DeBlanc and Associates Casey Williams and Victoria M. Gomez Phillips discuss best practices for nonprofit entities relating to donations, including:

• considering whether donation restrictions align with their charitable purposes;
• comprehending the nature of an endowment to avoid future disputes; and
• understanding that a nonprofit may not unilaterally remove donor-imposed restrictions or use principal in an endowment.

To read the full article, please visit: https://bit.ly/3o1OzK6.