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Who can pay a pledge?

  • 1.  Who can pay a pledge?

    Posted 01-11-2022 01:16 PM
    Hey everyone,
    I know this has come up countless times but I'm bringing it up again :).

    I know DAFs can NOT pay down pledges but what about Corporations, Foundations, Organizations, & Family Foundations?

    Thank you!
    Tammy

    ------------------------------
    Tammy Cline
    Asst Director of Advancement Svcs
    The West Point Association of Graduates
    tammy.cline@WPAOG.ORG
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  • 2.  RE: Who can pay a pledge?

    Posted 01-11-2022 01:21 PM
    Not private foundations.  That's called self-dealing.  With public foundations, you would need to ask before doing.  In fact, unless the third party is the one telling you to apply their gift to some individual pledge, you need to confirm that with the third party.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987