1. How does a recipient not-for-profit entity record the receipt of a gift that will be transferred without restriction to another charitable entity? 2. What if the donor retains the right to revoke or redirect the gift?

1. How does a recipient not-for-profit entity record the receipt of a gift that will be transferred without restriction to another charitable entity? 2. What if the donor retains the right to revoke or redirect the gift?

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter1: Understanding And Working With The Federal Tax Law

Section: Chapter Questions

Problem 7DQ

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1. How does a recipient not-for-profit entity record the receipt of a gift that will be transferred without restriction to another charitable entity?

2. What if the donor retains the right to revoke or redirect the gift?

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