CGA黑龙江：关于Guidelines of Gift Acceptance Policy的介绍

　　广大的CGA黑龙江好心人士，你们知道Guidelines of Gift Acceptance Policy吗？这是在礼物接收时必须知道的说明和准则！

　　Gift Acceptance Policy
 

　　Guidelines
 

　　1 Outright Gifts
 

　　An outright gift refers to a contribution of cash or property in which the donor retains no interest and which can be used currently by the CGA-Canada Research Foundation.
 

　　B.1  The CGA-Canada Research Foundation will accept an outright gift of any amount, though gifts to establish a named endowment must meet the minimum funding requirements set by the CGA-Canada Research Foundation Board.
 

　　B.2  The CGA-Canada Research Foundation welcomes outright gifts of property as well as cash, but all property other than publicly traded securities and life insurance policies must be approved by the Vice-President of Finance of CGA-Canada and, if need be, the CGA-Canada Research Foundation Board.
 

　　B.3  A donor may complete a gift in a single transaction or make payments over a mutually acceptable period of time.
 

　　B.4  In the case of a gift of publicly traded securities, the CGA-Canada Research Foundation will accept the gift and give the donor a receipt which reflects the fair market value of the securities on the day they were transferred to the CGA-Canada Research Foundation, minus any transfer costs.
 

　　2 The Reinsured Gift Annuity
 

　　The gift annuity is a contractual arrangement whereby a donor transfers assets to the CGA-Canada Research Foundation pursuant to an agreement authorizing the CGA-Canada Research Foundation to purchase a commercially prescribed annuity that will pay the stipulated amount for the life of the annuitant(s) or for a set term. Assets in excess of the amount required for purchase of the commercial annuity are retained by the CGA-Canada Research Foundation and used for purposes specified by the donor and acceptable to the CGA-Canada Research Foundation. Determination of the gift receipt and taxation of annuity payments will be in accordance with Interpretation Bulletin IT-111R2 issued by Canada Revenue Agency.
 

　　B.1  The minimum amount the CGA-Canada Research Foundation will accept for a reinsured gift annuity is $10,000.
 

　　B.2  The cost of the commercial annuity generally should not exceed 70-75 percent of the assets transferred in order to result in a significant gift for the CGA-Canada Research Foundation.
 

　　B.3  The donor may designate the purpose of the gift (amount retained) subject to the consent of the CGA-Canada Research Foundation.
 

　　B.4 The commercial insurance company shall be selected, and the terms of the annuity contract negotiated, by the Chief Financial Officer of the CGA-Canada Research Foundation or by another person or persons to whom this responsibility is delegated by the CGA-Canada Research Foundation Board. Only highly-rated companies shall be selected to reinsure an annuity obligation.
 

　　3 Gift of a Residual Interest
 

　　A gift of a residual interest refers to an arrangement (ordinarily in the form of a trust) where property is irrevocably committed to the CGA-Canada Research Foundation, but the donor retains use of the property for life or a set term. For example, the donor might give a residual interest in a residence and continue to live in it or in a painting and retain possession of it. The donor is entitled to a gift receipt from the CGA-Canada Research Foundation for the present value of the residual interest.
 

　　B.1  The donor shall continue to be responsible for real estate taxes, insurance, utilities and maintenance after transferring title to the property unless the CGA-Canada Research Foundation, upon prior approval of the CGA-Canada Research Foundation Board, agrees to assume responsibility for any portion of these items. The terms of the gift and responsibilities for expenses shall be specified in a deed of gift executed by the donor(s) and the CGA-Canada Research Foundation.
 

　　B.2  The CGA-Canada Research Foundation reserves the right to inspect the property from time to time to assure that its interest is properly safeguarded.
 

　　4 Charitable Remainder Trusts
 

　　The charitable remainder trust is a form of a residual interest gift. The donor ("settlor") transfers property to a trustee who holds and manages it. If the property is income-producing, the net income will be paid to the donor and/or other named beneficiary. When the trust terminates (either at the death of the beneficiary(ies) or after a set term), the trust remainder is distributed to the CGA-Canada Research Foundation. If the trust is irrevocable, the donor is entitled to a gift receipt for the present value of the residual interest.
 

　　B.1  A charitable remainder trust may be funded with cash, securities or real estate. If real estate is to be contributed and the CGA-Canada Research Foundation is the trustee, the real estate shall first be subject to a thorough review as described in the guideline pertaining to real estate (see 3.6 below).
 

　　B.2  Where the CGA-Canada Research Foundation is trustee, it is recommended that the minimum trust size be $50,000 and that beneficiaries be at least 50 years of age. The Vice-President of Research and Standards of CGA-Canada, the Vice-President of Finance of CGA-Canada or, if so delegated, the Manager of the CGA-Canada Research Foundation, however, can make an exception to these recommendations in some circumstances.
 

　　B.3  If the donor selects an outside trustee, the trust may be funded with any property of any value that is acceptable to the trustee.
 

　　B.4  The trust agreement shall be either drafted by or reviewed by the donor's own legal counsel. The CGA-Canada Research Foundation may make prototype agreements available to the donor's legal advisor, but shall not execute an agreement until that person has determined that the trust agreement is in the proper form and that the gift is appropriate for the donor's situation.
 

　　5 Life Insurance
 

　　There are various ways a life insurance policy may be contributed to the CGA-Canada Research Foundation. A donor may:
 

　　A.1  Assign irrevocably a paid-up policy to the CGA-Canada Research Foundation.
 

　　A.2  Assign irrevocably a life insurance policy on which premiums remain to be paid; or
 

　　A.3  Name the CGA-Canada Research Foundation as a primary or successor beneficiary of the proceeds.
 

　　When ownership is irrevocably assigned to the CGA-Canada Research Foundation, the donor is entitled to a gift receipt for the net cash surrender value (if any) and for any premiums subsequently paid.
 

　　Any of these types of life insurance gifts are acceptable to the CGA-Canada Research Foundation. In the event a policy is contributed on which premiums remain to be paid, the CGA-Canada Research Foundation will pay the premiums provided the donor makes equivalent contributions.
 

　　6 Gifts of Real Estate
 

　　Gifts of real estate may be made in various ways: outright, residual interest in the property, or to fund a charitable remainder trust. The following guidelines pertain to gifts of real estate in general. Where real estate is transferred to a charitable remainder trust, additional requirements of the trustee must be met.
 

　　B.1  The donor shall secure a qualified appraisal of the property.
 

　　B.2  Unless the CGA-Canada Research Foundation has reason to believe this appraisal does not reflect the property's true value, a gift receipt will be issued for the appraised value (or present value of the residual interest computed on the appraised value in the case of residual interest gifts). The CGA-Canada Research Foundation, however, reserves the right to secure its own appraisal and issue a gift receipt based on it.
 

　　B.3  The CGA-Canada Research Foundation shall determine if the donor has clear title to the property.
 

　　B.4  The CGA-Canada Research Foundation shall review other factors, including zoning restrictions, marketability, current use and cash flow, to determine if the gift would be in its best interest.
 

　　B.5  The CGA-Canada Research Foundation shall ordinarily conduct an environmental assessment, which may include an environmental audit, and accept the property only if (a) it contains no toxic substances, or (b) they are removed or other remedies taken assuring that the CGA-Canada Research Foundation assumes no liability whatsoever.
 

　　7 Gifts of Shares in Privately-Owned Companies, Charitable Stock Options and Other Business Interests
 

　　Donors may make gifts of privately-owned shares and partnership interests and stock options. These can be accepted by the CGA-Canada Research Foundation so long as the CGA-Canada Research Foundation assumes no liability and would be subject to no penalties. In some instances the corporation is willing to redeem privately-owned shares, or other stockholders are willing to purchase them.
 

　　B.1  To be considered, partnership interests must not subject the CGA-Canada Research Foundation to cash calls or other liability and must not have adverse tax consequences to the CGA-Canada Research Foundation.
 

　　B.2  Privately-owned shares and stock options may be accepted if they will not subject the CGA-Canada Research Foundation to penalties and can likely be sold in the future to the corporation, other stockholders, or to others interested in acquiring the corporation.
 

　　B.3  Regarding charitable stock option, the CGA-Canada Research Foundation may not share or trade the options, nor hold them for more than 10 years. After accepting the options, the CGA-Canada Research Foundation will exercise the options at a time to be determined by the Vice-President of Finance of CGA-Canada with the approval of the Vice-President of Research and Standards of CGA-Canada and the CGA-Canada Research Foundation Board.
 

　　8  Bequests
 

　　Bequests historically have been the most important kind of deferred gift.
 

　　B.1  Sample bequest language for restricted and unrestricted gifts, including endowments, will be made available to donors and their lawyers to ensure that the bequest is properly designated. Donors will also be invited to provide information about their bequest provision and, if they are willing, to send a copy of that section of their will naming the CGA-Canada Research Foundation.
 

　　B.2  During the probate of estates containing a bequest to the CGA-Canada Research Foundation and during the post-death administration of revocable trusts containing dispositive provisions benefiting the CGA-Canada Research Foundation, the Manager of the CGA-Canada Research Foundation (or other designate), in consultation with the CGA-Canada Research Foundation's legal counsel, shall represent the CGA-Canada Research Foundation in all dealings with the lawyer and executor of the estate.
 

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