Some of the more common questions I get from the nonprofit leaders who I serve concern the Arizona Tax Credit for Contributions to Qualifying Charitable Organizations (QCOs). This tax credit is provided for in Arizona statutes ARS sec. 43-1088 et. seq. There are separate and somewhat similar Arizona tax credits for gifts to Qualified Foster…Read more
BE CAREFUL WHAT YOU ASK FOR!
Development professionals need to use care and foresight when making asks of donors, or they may inadvertently create restrictions on gifts which could bind their organization in unwanted ways. It is always important to honor the intent of the donor, in order to retain the confidence of donors in your organization. Enforceable restrictions, either permanent or…Read more