Gift Acceptance Policy

Purposes and Administration

Casa de Esperanza de los Ninos, Inc. and Casa de Esperanza Foundation, 501(c)(3) not for profit organizations organized under the laws of the State of Texas, encourages the solicitation and acceptance of gifts to or for the benefit of the organizations’ purposes that will help further and fulfill its mission.  This policy governs both Casa de Esperanza de los Ninos, Inc. and the Casa de Esperanza Foundation. For purposes of this policy, ‘Casa’ refers collectively to Casa de Esperanza de los Niños, Inc. and the Casa de Esperanza Foundation, unless otherwise specified.

Casa’s Governing Board and Trustees have a fiduciary duty to assume that Casa’s assets are used efficiently and protected from potential liabilities and diversion to purposes other than those that further Casa’s goals.  The purposes of this Gift Acceptance Policy are to:

1. Guide the Governing Board, Foundation Trustees, staff, and others connect to Casa about their responsibilities concerning gifts to the organizations; and
2. Guide prospective donors and their professional advisors when making gifts to Casa.

The Governing Board, through the Gift Acceptance Committee as outlined below, is responsible for this policy.  The CEO will consult with the Gift Acceptance Committee and when necessary, legal, financial, or real estate consul, when non-standard gifts to the organization are proposed or instances in which use of counsel is deemed appropriate by the Gift Acceptance Committee.  Non-standard gifts include but are not limited to real estate, closely held securities, tangible personal property, vehicles, cryptocurrency, and any gift with restrictions or conditions.

Casa will only accept gifts that are legal and consistent with this policy.  Casa does not provide legal, tax, or financial advice. Donors are encouraged to consult their own advisors before making a gift…

Click here to read the full Gift Acceptance Policies & Guidelines