Refunds of Donations
1. To qualify as a deduction from taxable income, a charitable donation cannot be in payment for goods or services. Therefore, there is generally no basis for a donor to request a refund of a donation. To make an exception for one donor can disqualify the deductibility of donations from other donors. Daystar Counseling Ministries will not make any such refund except as provided in this policy.
2. A donation made in support of a specific project or program should be spent by Daystar Counseling Ministries only for that support. If the project or program is cancelled, the donation cannot be spent as intended by the donor. In this case, the Treasurer is authorized to make any requested refund of such a donation without seeking action of the Board of Trustees. However, the Treasurer must report any such refund to the next meeting of the Board of Trustees.
3. Except as provided in Section 2, the Board of Trustees must explicitly act on each request for a refund of a donation. When considering such requests, the Trustees shall act to preserve the deductibility of non-refunded donations and to protect the Community Foundation's status as a tax-exempt, public-benefit corporation. This means that, in general, the Trustees will not grant a refund that was requested merely because the donor or the donor's family was unable to participate or otherwise directly benefit from the sponsored program or project.