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-   -   501c3 rules (https://www.askmehelpdesk.com/showthread.php?t=424110)

  • Dec 11, 2009, 07:58 AM
    FWS
    501c3 rules
    Under 501c3 - What are the guidelines for giving a monetary gift to a family in Financial Need? What if one of the family is a board member?
  • Dec 11, 2009, 08:10 PM
    Fr_Chuck

    It could cuase the group to come under review. They would have to document that this family were as bad off , if not worst, than others, and they need to have good records of many , many other families that were helped.

    If they help 10,000 families and then help one that is part of the group,that is one thing, if they only help 4 familis and then do one, that is a lot different.

    The board member thierself could not be one of the people being helped
  • Dec 14, 2009, 08:50 AM
    ebaines
    Quote:

    Originally Posted by Fr_Chuck View Post
    The board member thierself could not be one of the people being helped

    Right! This is a clear conflict of interest. Also, payments could be construed as compensation, and board members can not receive compensation (other than reimbursement for out-of-pocket expenses). If this person receives money from the organization he must be removed from the board first.

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