Gift Acceptance Policy

 

Cecil and Lisa Paxton Ministries solicits and accepts gifts that are consistent with its mission.  Donations will generally be accepted from individuals, partnerships, corporations, foundations, government agencies, or other entities, without limitations.  In the course of its regular fundraising activities, Cecil and Lisa Paxton Ministries will accept donations of money, real property, personal property, stock, and in-kind services.  Certain types of gifts must be reviewed prior to acceptance due to the special liabilities they may pose for Cecil and Lisa Paxton Ministries. Examples of gifts which will be subject to review include gifts of real property, gifts of personal property, and gifts of securities. 

Tax Deductible

Cecil and Lisa Paxton Ministries is a 501(c)(3) not-for-profit organization and donations are considered to be tax deductible.  Cecil and Lisa Paxton Ministries urges all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts, including the resulting tax and estate planning consequences.

Cryptocurrency

Cecil and Lisa Paxton Ministries will generally accept gifts of cryptocurrency provided they are reviewed and approved by Cecil and Lisa Paxton Ministries prior to acceptance.

 

Gifts Not Accepted

Cecil and Lisa Paxton Ministries will not accept gifts that (a) would result in Cecil and Lisa Paxton Ministries violating its corporate charter, (b) would result in Cecil and Lisa Paxton Ministries losing its status as a 501(c)(3) not-for-profit organization, (c) are too difficult or too expensive to administer in relation to their value, (d) would result in any unacceptable consequences for Cecil and Lisa Paxton Ministries, or (e) are for purposes outside Cecil and Lisa Paxton Ministries’ mission. Decisions on the restrictive nature of a gift, and its acceptance or refusal, shall be made by leadership at Cecil and Lisa Paxton Ministries.