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Acceptance of any contribution, gift, or grant is at the discretion of the ARK Alliance.
The ARK Alliance will not accept any gift unless it can be used or expended consistently with the purpose and mission of the ARK Alliance.
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.
The ARK Alliance will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from professional advisers. The ARK Alliance will accept donations of cash or publicly traded securities. Gifts of in-kind services will be accepted at the discretion of the ARK Alliance. 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 before acceptance due to particular obligations raised or liabilities they may pose for ARK Alliance.
The ARK Alliance 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 another form of substantiation of a gift received by ARK Alliance. The ARK Alliance will respect the intent of the donor relating to gifts for limited purposes and those relating to the desire to remain anonymous. Concerning anonymous gifts, the ARK Alliance will restrict information about the donor to only those staff members with a need to know.
The ARK Alliance will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to the ARK Alliance.