In a Letter to the Editor of The Kansas Metropolis Star entitled “On Donor Belief,” Philanthropy Roundtable’s Director of Coverage Analysis Jack Salmon and Director of Authorities Affairs Megan Schmidt celebrated the passing of the Donor Intent Safety Act, signed by Kansas Governor Laura Kelly on April 19, 2023. Philanthropy Roundtable testified in favor of this laws on the committee listening to on March 10, 2023, and applauds the enactment of this vital invoice.
Learn the Letter to the Editor, printed in The Kansas Metropolis Star, under:
“On behalf of 501(c)(3) nonprofit Philanthropy Roundtable, we had been happy to see Gov. Laura Kelly signal the Donor Intent Safety Act into legislation not too long ago. We work with donors and charities everywhere in the nation, and we hope different states will observe Kansas’s result in enact laws that fosters accountability and builds belief between donors and charities. Each are vital to making sure charitable giving stays an efficient avenue for offering important assist to these in want.
“Donors usually give to charities with a particular objective and expectation for a way their donations shall be used. Sadly, at instances, donor intent has been violated, leading to sophisticated authorized battles. The Donor Intent Safety Act safeguards the intentions of Kansas donors and gives a method to appropriate violations, particularly providing a authorized pathway for imposing written endowment agreements.
“Giving donors confidence that their contributions is not going to be misused encourages generosity, doubtlessly leading to further charitable giving for the nonprofits working to strengthen Kansas communities and enhance the lives of those that reside there.
“We’re grateful that Kansas selected to guard donor intent as a cornerstone of philanthropy, which continues to play a vital position in serving to communities handle a few of our most complicated social challenges.”
Learn “On Donor Belief,” at The Kansas Metropolis Star.
Credit score:Source link
