1.9.1 Basic Quiz -- Donor Intent and Gift Restrictions

Donors cannot place any restrictions on charitable gifts.

True False

Gift restrictions that subject the gift to the occurrence of a specific event will have no impact on the donor's charitable deduction.

True False

Any gift restrictions must be imposed at the time of the gift.

True False

Charities should make sure that gift restrictions will not interfere with the charity's ability to use the gift.

True False

Donors have a right to understand a charities mission and how a charity would use their gifts?

True False

Gifts should be used for their intended purpose.

True False

Donors can agree to waive restrictions on gifts at a later date.

True False

A charity can educate their donors about the charity's needs as a strategy to avoid overly burdensome gift restrictions.

True False

One strategy a charity can use to educate donor's about gift restrictions is by suggesting language that gives the charity's board the power to change a restriction after the passage of time or changed circumstances.

True False

Donors can use their Donor Advised Fund to meet pledge obligations to charity.