Strong gift agreements require clear and frequent communication before and after they are signed, says Felicia Murphy-Phillips, senior officer for leadership gifts at Morehouse College. Murphy-Phillips recommends staying on top of donors’ concerns through frequent communication so they will feel valued.
This collection offers advice on how to reduce the risk of unmet pledges or donors reneging on a gift, as well as samples and templates you can adapt to create your own agreements. You’ll also find guidance on accepting assets other than cash, such as farmland and cryptocurrency.
Peruse these resources for greater peace of mind when you and a donor sign on the dotted line.
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Advice
Ensure Donor Satisfaction for the Life of a Big Gift
Gift agreements that will stand the test of time require clear and frequent communication before and after the signing. -
Advice
Donor Lawsuits Highlight Need to Be Cautious and Specific With Gift Agreements
Legal action can rear its ugly head if donors and recipients aren’t clear in their expectations. Experts offer tips on how to avoid problems. -
AdviceWhat Goes Into a Naming Policy
Establishing rules about naming rights can help your nonprofit negotiate gifts more smoothly. -
Advice
How Gift Agreements Can Safeguard Against Unmet Pledges
Tips for ensuring donors fulfill their gift commitments — and what to do if they don’t. -
Advice
A Gift Agreement Form from the University of Texas System
Agreements for prominent naming opportunities require involvement of higher-level stakeholders. -
Advice
A Model Gift-Acceptance Policy from the Partnership for Philanthropic Planning
How to spell out the types of gifts your organization accepts and how they’re managed. -
Advice
A Template to Help Charities Develop Gift Agreements
The Partnership for Philanthropic Planning offers a model of what to include in a legal agreement for an endowment gift. -
Advice
Tools for Attracting and Facilitating Gifts of Farmland
How one community foundation markets an innovative planned-giving opportunity and vets potential participants. -
Advice
How to Get Ready to Accept Cryptocurrency Gifts
Four steps to prepare an organization to accept digital assets from supporters.
