The Catholic University of America

Responsibilities of Director of Annual Giving

Federal Tax Law

26 C.F.R. § 1.501(c)(3)(1)

A university that discriminates on the basis of race is in danger of losing its tax exempt status. Schools are required to publicize their non-discrimination policy, certify annually, and keep records to show compliance. See Rev. Rul. 71-447, 1971-2 C.B. 230, Rev. Proc. 75-50, 1975 -2 C.B. 587, and Rev. Rul. 75-231, 1975-1 C.B.158. The Director of Annual Giving is responsible for keeping copies of all fundraising/solicitation materials used by the university for three years.

See the web page on Record Keeping Requirements for Rev. Proc. 75-50.

Responsibility: The Director of Annual Giving is responsible for keeping copies of all fundraising/solicitation materials used by the university for three years.

Resources

IRS Publication 1771, (rev.6/10)

Related Policies

Equal Opportunity Policy
Gift Planning Policy
Gift Acceptance Policy
Information Assurance Policy

links checked and updated 07/22/10 TOL