I'm in the development (fundraising) business, and I can tell you there are circumstances when you might say 'thanks, but no thanks' to a major gift...like when the donor stipulates demands or expectations that are illegal, in violation of IRS gift regulations, or are inconsistent with the values and/or needs of the organization. If 'naming rights' are involved, you might even turn away a gift that involves a family/business name involved in litigation or some other controversy (think Enron, Kevin Spacey, Harvey Weinstein).PackBacker07 said:metcalfmafia said:
I highly doubt the WPC is turning down people wanting to give money.
Right. I highly doubt this is the case.
Hypothetically, let's just say that a donor walked into the WPC and said I'm ready to stroke you a check for $20M right now for a new baseball stadium...but that stadium must be located on Centennial Campus...and oh, BTW, I want the head coach fired....and I want to be involved in the selection process for the next coach. While the gifts I work with pale in comparison to numbers like this, I've had a few sizable ones. In such cases, you try to work with the donor to let them know what is and is not possible....you try to work through the details to reach a mutually agreeable situation. Most times you can, but I can envision circumstances when this just may not be possible.