AIM’s Gift Acceptance Policy

AIM encourages current and deferred gifts from individuals, foundations and corporations to secure its mission and future growth. AIM safeguards the privacy and other confidential information of each donor. AIM’s Gift Acceptance Policy does not constitute legal advice and is subject to all applicable laws and any changes in those laws.

AIM follows the letter and spirit of the laws and regulations affecting or relating to charitable giving and fundraising activities, and seeks the advice of legal counsel when appropriate. AIM is unable to accept any gift that is inconsistent with its mission, values or strategic priorities, or any gift that is too burdensome for AIM to administer. All solicitations from AIM identify whether the pledge or contribution is for unrestricted operating support or for a specific restricted AIM sponsored initiative, such as the Center for Food & Agriculture.

Donors are advised to describe the specific purposes of their gifts as broadly as possible and avoid detailed limitations and restrictions. If circumstances should arise in the future that make it illegal, impossible, or impractical to use the gift for the purpose specified, and AIM in its best judgment believes that a modification is deemed prudent, AIM may authorize a change in the purpose for fulfillment of objectives as near as practical to the original purpose. This provision cannot convert a permanently restricted gift into a temporarily or unrestricted gift without the donors direct consent.

Cash Gifts

AIM accepts gifts of US currency and checks.

Gifts of Securities

Publicly Held Securities – Publicly traded securities, shares of stock, bonds and government issues may be given to AIM.

Closely held securities – AIM may decline to accept gifts of securities for which there is no established market.

Real Estate

AIM may decide to accept gifts of real estate after a thorough review of the following:

• The usefulness of the property for AIM
• The marketability of the property
• The existence of restrictions, reservations, easements, and/or other limitations
• The existence of encumbrances (i.e. mortgages, liens)
• Carrying costs, such as property dues, taxes, insurance or maintenance expenses
• Fair market value in relation to costs and limits listed above.

Tangible Personal Property

Prospective donors should be advised that AIM reserves the right to decline, sell or otherwise dispose of personal property, if such action is financially advisable or necessary.

Planned Gifts

AIM encourages the use of planned giving by donors who wish to make deferred gifts to the organization. There are numerous methods for making planned gifts:

• Gift by Will or Revocable Living Trust
• IRA or 401 (k) Retirement Accounts
• Pooled Income Fund
• Charitable Remainder Trust
• Charitable Lead Trust
• Gift of Life Insurance
• Gift of Remainder Interest in a Personal Residence

Corporate Matching Gifts

All matching gifts received by AIM as a result of an employee contribution will be directed to the same fund as the donor’s gift unless otherwise specified by the donor or the contributing corporation.