The Ved Shastra Data will provide acknowledgments to donors meeting tax requirements for property received by the charity as a gift. Certain other gifts, real property, personal property, in-kind gifts, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for Ved Shastra Data. Gifts of in-kind services will be accepted at the discretion of the Ved Shastra Data. The Ved Shastra Data will accept donations of cash or publicly traded securities.
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The Ved Shastra Data will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation. No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the gift would jeopardize the donor’s financial security. The Ved Shastra Data will not accept any gift unless it can be used or expended consistently with the purpose and mission of the Ved Shastra Data.
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