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11 votesHeather Hoy supported this idea ·
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13 votesUnder Consideration · 0 comments · CommunitySuite Idea Lab » Grants, Grantees, Grant Types · Admin →Heather Hoy supported this idea ·
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29 votes
This is a June release :)
An error occurred while saving the comment Heather Hoy supported this idea ·
We would like to see a radio button/check box added in the Donor Portal prior to a donor being permitted to submit each grant recommendation with IRS compliance language. As with other system data content, this language could be editable, but with the general idea of, “I acknowledge that this grant suggestion must meet the approval of the board of directors of {Foundation}. I also understand that this suggested grant does not represent the payment of any pledge or other financial obligation of mine or any member of my family, and that neither I nor any member of my family expects any personal benefit from the grant.
To keep the IRS happy, in relation to this grant, I agree that every penny of this grant will be used for a charitable purpose, and neither I nor anyone I know will receive anything more than a coffee mug or any other incidental benefit in return.”
This would be helpful with auditing and compliance for grant recommendations from fund advisors.