Learn Practice Element 5B2: Providing Timely Written Gift Acknowledgments

This guidance covers Practice 5B: Accountability to Donors.

This written gift acknowledgement is annotated and was reviewed and approved by the Land Trust Accreditation Commission. The annotated version includes commentary from the Commission on specific elements required for accreditation.

This is a template for contemporaneous written gift acknowledgement and was reviewed and approved by the Land Trust Accreditation Commission in December 2014.

This factsheet offers guidelines on the drafting and delivery of the contemporaneous substantiation letters required by IRC Section 170(f)(8).

Land Trust Standards and Practices, Practice 5B: Accountability to Donors, includes four elements. This 30-minute module covers the third element:

3. Maintain financial and other systems to document and comply with any donor restrictions on gifts

This document outlines the new Form 990 and shows how to properly fill out the information.

Appendix_02_A_01.pdf

Engaging legal counsel to negotiate and draft a conservation easement is critically important. This checklist contains questions you should ask an attorney or their references before you hire them.

This is a template for gift acknowledgment for full or partial gift conservation easement, reviewed by the accredited Society for the Protection of New Hampshire Forests.