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Manage Your Gifts! (GOV2628)
Primary Presenter: Jacqueline F. Matthew, CPA, Chief Executive Officer, HRC
Primary Presenter: Paul Preziotti, CPA, Partner, Johnson Lambert LLP
Noncash and complex gifts, including cryptocurrency, can enrich nonprofit resources but introduce significant complexities and can lead to gray areas in financial reporting. This session focuses on the critical factors for effective management of these unique contributions. Key topics will cover proper valuation methods, establishing robust gift acceptance policies, and navigating the associated compliance requirements. Attendees will gain practical knowledge and strategies necessary to optimize complex gift management and ensure proper accounting and compliance.