Acceptance of any contribution, gift or grant is at the discretion of Sistahs With Substance. Sistahs With Substance will not accept any gift unless it can be used or expended consistently with the purpose and mission of Sistahs With Substance.
No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the gift would jeopardize the donor’s financial security.
Sistahs With Substance will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation.
Sistahs With Substance will accept donations of cash or publicly traded securities. Gifts of in-kind services will be accepted at the discretion of Sistahs With Substance.
Certain other gifts, real property, personal property, in-kind gifts, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for Sistahs With Substance.
Sistahs With Substance will provide acknowledgments to donors meeting tax requirements for property received by the charity as a gift. However, except for gifts of cash and publicly traded securities, no value shall be ascribed to any receipt or other form of substantiation of a gift received by Sistahs With Substance.
Sistahs With Substance will respect the intent of the donor relating to gifts for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous gifts, Sistahs With Substance will restrict information about the donor to only Board of Directors with a need to know.
Sistahs With Substance will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to Sistahs With Substance.
Sistahs With Substance is classified as a 501(c)(3) non-profit organization by the standards of the Internal Revenue Service (IRS). Therefore, the donation maybe tax-deductible to the extent allowed by law. This is to certify that no goods or services were provided in exchange for this donation. Per the IRS Regulations a donor will not be able to take a charitable deduction for a single contribution of $250 or more unless they have obtained a receipt.