Answer the following statement(s) true (T) or false (F)
1. If a nonprofit fails to send a donor a receipt for a gift of $250, the donor can still take a tax deduction but the nonprofit may be subject to a fine.
2. All ethical codes require that a nonprofit never accept a gift from a donor who has been convicted of a crime.
3. Some nonprofits include a clause in gift agreements saying what might happen if the donor is later convicted of a crime.
4. The Health Insurance Portability and Accountability Act of 1996 (HIPPA) affects what information can be shared with development officers in some institutions.
5. If a donor makes a gift of property (a gift-in-kind) worth $500 or more, it is entirely up to the donor whether or not to obtain an appraisal and the organization does not have to be involved.
1. False
2. False
3. True
4. True
5. False
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Fill in the blanks with correct word
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