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Gift Acceptance Policy

Wounded Warriors d/b/a Warriors Fund · EIN 86-1336741
Adopted by the Board of Directors: January 15, 2024 · Reviewed annually.

1. Purpose

This policy governs the acceptance of gifts made to Wounded Warriors (the "Organization"). It ensures that accepted gifts advance the Organization's mission, that donors receive appropriate acknowledgment, and that the Organization does not accept gifts that present undue risk, restrictions inconsistent with its charitable purpose, or reputational harm.

2. Authority to Accept Gifts

  1. The Executive Director is authorized to accept outright cash, check, credit-card, and ACH gifts of any size, as well as gifts of publicly traded securities and donor-advised-fund (DAF) distributions.
  2. The Executive Director, with Treasurer concurrence, is authorized to accept gifts of cryptocurrency through the Organization's designated processor (currently The Giving Block).
  3. All other gifts, including real estate, tangible personal property, closely held securities, partnership interests, retirement-plan beneficiary designations exceeding $100,000, life insurance, and bequests with material restrictions, require Board review prior to acceptance.

3. Acceptable Gifts

3.1 Cash and Cash Equivalents

Checks, money orders, electronic transfers, credit-card gifts, and ACH contributions are accepted without limitation.

3.2 Publicly Traded Securities

Accepted and liquidated promptly upon receipt per the Organization's investment policy. Donors receive an acknowledgment valued at the mean of the high and low trading prices on the date of transfer, per IRS rules.

3.3 Cryptocurrency

Accepted through The Giving Block. The Organization converts all cryptocurrency to U.S. dollars upon receipt. Donors receive an acknowledgment valued in U.S. dollars at the time of liquidation.

3.4 Donor-Advised Fund (DAF) Grants

Accepted from any qualified DAF sponsor. The Organization complies with the IRS requirement that no goods, services, or benefits be provided to the donor-advisor in exchange for a DAF grant.

3.5 Matching Gifts

Accepted in accordance with the matching employer's program requirements. The Organization maintains active profiles on major corporate giving platforms and facilitates donor-initiated match requests.

3.6 Planned Gifts and Bequests

The Organization accepts bequests, charitable gift annuities, charitable remainder trusts, charitable lead trusts, and retirement-plan and life-insurance beneficiary designations, subject to Board review for gifts with material restrictions or structural complexity.

3.7 In-Kind Gifts

The Organization accepts in-kind gifts only when they directly advance program activities (for example, approved care-package supplies or professional services used in the Organization's operations). In-kind gifts require prior approval by the Executive Director. Donors are responsible for determining and substantiating the fair-market value of their in-kind gifts per IRS rules; the Organization does not appraise gift values.

3.8 Real Estate and Tangible Personal Property

Accepted only after Board review. The Organization requires an environmental review, a qualified appraisal paid for by the donor, a clear title, and a determination that disposition will net proceeds materially beneficial to the mission after carrying costs.

4. Gifts the Organization Will Not Accept

The Organization reserves the right to decline any gift that:

5. Restricted Gifts

Donors may restrict gifts to specific programs (emergency aid, housing, HRT sponsorships, care packages, resource database, etc.) or to geographic regions. The Organization honors donor restrictions absolutely and tracks restricted funds separately. If a restriction becomes impossible or impracticable to fulfill, the Organization will seek donor consent to redirect the gift, or will apply the doctrine of cy pres with Board approval if the donor is no longer reachable.

6. Acknowledgment

All gifts receive a written acknowledgment meeting IRS substantiation requirements for gifts of $250 or more. Donors may request acknowledgment for gifts of any size. Donors may decline public recognition at any time.

7. Quid Pro Quo Disclosures

If a donor receives goods or services of more than nominal value in exchange for a gift exceeding $75, the Organization provides a written disclosure stating the deductible portion of the contribution, in compliance with IRS Publication 1771.

8. Valuation

The Organization does not appraise gift values. For non-cash gifts exceeding $5,000 (excluding publicly traded securities), the donor is responsible for obtaining a qualified independent appraisal per IRS Form 8283 requirements. The Organization will sign Form 8283 Section B only to acknowledge receipt, not valuation.

9. Disposition of Gifts

Publicly traded securities are liquidated upon receipt. Cryptocurrency is liquidated upon receipt. Tangible property and real estate are disposed of per Board direction at time of acceptance. Restricted cash gifts are deployed to the designated program within a reasonable time, typically within 12 months.

10. Review of Policy

This policy is reviewed annually by the Board and amended as needed to reflect changes in law, regulation, and best practice.

Adopted by the Board of Directors on January 15, 2024. Current version: 2026-04-21.
Dillon Parkes, Executive Director · Warriors Fund · 1790 Hughes Landing Blvd, Suite 400, The Woodlands, TX 77380 · info@warriorsfund.org