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Acceptance of any contribution, gift or grant is at the discretion of the GALLERY5X7. GALLERY5X7 will not accept any gift unless it can be used or expended consistently with the purpose and mission of the GALLERY5X7.
No irrevocable contribution or gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the contribution or gift would jeopardize the donor’s financial security.
GALLERY5X7 will refrain from providing advice about the tax or other treatment of contributions or gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their contribution or gift.
GALLERY5X7 will accept cash contributions. Contributions or gifts of in-kind services will be accepted at the discretion of the GALLERY5X7.
Certain other gifts, real property, personal property, in-kind gifts, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for GALLERY5X7.
GALLERY5X7 will provide acknowledgments to contributors meeting tax requirements for property received as a contribution or gift. However, except for contributions or gifts of cash, no value shall be ascribed to any receipt or other form of substantiation of a contribution or gift received by GALLERY5X7.
GALLERY5X7 will respect the intent of the contributor relating to contributions or gifts for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous contributions or gifts, GALLERY5X7 will restrict information about the contributor to only those staff members with a need to know.
GALLERY5X7 will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a contribution or gift or a contributor to GALLERY5X7.