Acceptance of any contribution, gift or donation is at the discretion of the Islamic Border Society. The Islamic Border Society will not accept any gift unless it can be used or spent in a manner consistent with the purpose and mission of the Islamic Border Society.
No irrevocable gift, whether outright or lifetime income, will be accepted if the gift under any reasonable set of circumstances would jeopardize the financial security of the donor.
The Islamic Border Society will refrain from providing advice on tax or other gift treatment and encourages donors to seek guidance from their professional advisors to assist them in the process of making their donations.
The Islamic Border Society will accept donations of cash or publicly traded securities, and the Society will also accept gifts in kind of services at its discretion.
Certain other gifts, real estate, personal property, gifts in kind, illiquid securities, and contributions whose sources are not transparent or whose use is otherwise restricted, should be reviewed prior to acceptance due to special obligations or responsibilities that may be imposed on the Islamic Border Society.
The Islamic Border Society will provide returns to donors who meet the property tax requirements for gifts received by the charity. However, with the exception of gifts of cash and publicly traded securities, no value may be attributed to any receipt or other form of proof of a gift received by the Islamic Border Society.
The Islamic Border Society will respect the donor’s intent with respect to gifts for restricted purposes and those related to the desire to remain anonymous. With respect to anonymous gifts, the Islamic Border Society will limit information about the donor to those staff members who have a need to know.
The Islamic Border Society will not compensate any third party, whether by commission, finder’s fee or otherwise, for directing a gift or donor to the Islamic Border Society.