The AICPA.org play is part of a reflection here in the negotiation and development of gift contracts. Typical gift agreements provided by the Association of Donor Relations Professionals and Tulsa County. To the extent that the agreement may give the donor future approval rights to display the name, an organization may set certain deadlines for the necessary authorizations and the donor will not refuse consent inappropriately. Some donors may also want to ensure that their naming rights remain of some importance, even if other donors guarantee other naming rights. As the agreement addresses these issues, the non-profit organization may be able to manage future conflicts or disappointments with its key established supporters. For non-profit organizations that receive significant support through fundraising, offering different types of naming rights can be a great temptation for donors. However, throughout the process of negotiating and assigning specific names, an organization should simultaneously focus on short- and long-term implications, both for the donor concerned and for the organization`s broader fundraising activities. Often, carefully crafted agreements can help avoid confusion and potential conflict; At best, they ensure that the organization meets the donor`s wishes while maintaining appropriate flexibility to request gifts of comparable use in the future. Consider the following best practices in structuring naming rights Provisions in gift agreements: Another example for courts applying a moral clause is Scott v. RKO Radio Pictures, Inc., 240 F.2d 87 (9th Cir. 1957).
The complainant Scott, a screen manager, was dismissed by the defendant for violating the moral clause of his contract. Mr. Scott argued that his refusal to answer questions from a committee of House representatives was not a violation of the clause. The Tribunal found that the complainant`s dismissal was justified for violating the moral clause of the contract. Here`s an example of Lynne Wester`s language at Donor Relations Guru for checking your general opinion, and then in your on-site gift contract: Naming rights can help a non-profit organization receive significant gifts from major donors, while providing significant recognition and honor to donors and their families. Unlike some other types of “tangible” restitution benefits that a non-profit organization could grant to a donor, tax legislation does not treat naming rights as “goods or services” that reduce the amount of a donor`s tax-deductible gift.