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Action Alliance International Gift Policy
Action Alliance International (AAI) is a US IRS-approved charity (501c3) that assists vulnerable populations in simple and direct ways worldwide. We work with other charities (501c3) in Texas and Guatemala to assist these populations.
Action Alliance International (AAI) accepts donations that align with its organization’s purposes as set forth in its Nonprofit Certificate of Formation. In accordance with IRC 501c3, AAI reserves the right to determine that funds are used for its 501c3 purposes and that distributions are limited to meet its exempt purposes.
AAI reserves the right to decline donations that do not align with its 501c3 purposes, that lead to legal obligations beyond the organization’s readiness to handle, that create a financial burden, that are too difficult or expensive to administer in relation to their value, or that would create negative publicity for the organization. All refusals are decided by the AAI President, Vice President, or Board of Directors.
AAI will not refund gifts to donors once accepted. All donations are considered a voluntary transfer by the donor and become the sole property of the organization upon acceptance.
AAI will not provide personal legal, financial, or other advice to donors or prospective donors. Donors are strongly encouraged to seek the assistance of their professional advisors in matters relating to their gifts and resulting tax and estate planning consequences.
A gift is a voluntary transfer of assets from a person or an organization to Actional Alliance International (AAI). It is deemed an irrevocable transfer of assets motivated by charitable intent. The objective of the gift may be stated, and funds may be restricted to a specific purpose, with the AAI Board having the flexibility to use alternatively, should the original intent no longer be viable.
Donors need to be aware that they donate to our programs and not to a specific person. As a result, our social work staff may choose to reassign resources as needed.
Donations made for school sponsorship cover all educational costs, but those costs are different for each school level. Your donation is an average of what it takes to run such a program, and more or less money than you donate may be spent on your matched student.
AAI and its cooperating nonprofit organizations will not use any funds for political campaigns, propaganda, legislation advocacy, or private inurement.
Gifts Generally Accepted Without Board Review:
Gifts Accepted Subject to Board Review – Certain forms of gifts or donated properties may be subject to review before acceptance. Examples of gifts subject to review include, but are not limited to:
Valuation of Gifts
Action Alliance International (AAI) does not provide valuations for non-cash gifts. AAI will provide a written description of the receipt for all non-cash donations. Marketable securities are an exception and will be valued at the mean of their market values on the date they are transferred to AAI.
Policy Effective Date: May 20, 2022.
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