Bishop O’Hara Corporation Capital Improvement Fund
will be referred to as:
Bishop O’Hara Corporation CIF hereon.
First and foremost, all Monetary Donations will be accepted at the discretion of the Bishop O’Hara Corporation CIF.
Acceptance of any contribution, Monetary Donations will be used exclusively for the Capital Improvement Fund, aka (CIF) of the Bishop O’Hara Corporation. Monetary Donations will have permanent restriction; meaning they will be used exclusively for the capital improvement of the structural property located at 5111 East 112th Terrace, Kansas City, Missouri 64137. A permanent restriction is meant for projects or activities that are ongoing and have no set time limit.
Bishop O’Hara Corporation CIF will not accept any Monetary Donations unless it can be used or expended consistently with the purpose and mission of the Bishop O’Hara Corporation CIF.
No irrevocable Monetary Donations, 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.
Bishop O’Hara Corporation CIF will refrain from providing advice about the tax or other treatment of Monetary Donations and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation.
Bishop O’Hara Corporation CIF will accept Monetary Donations of cash or checks, made out to: Knights of Columbus and in the memo section please write CIF.
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, will NOT be acceptance due to the special obligations raised or liabilities they may pose for Bishop O’Hara Corporation CIF.
The Bishop O’Hara Corporation CIF will respect the intent of the donor relating to donations for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous donations, the Bishop O’Hara Corporation CIF will restrict information about the donor to only those staff members with a need to know.
The Bishop O’Hara Corporation CIF will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to the Bishop O’Hara Corporation CIF, unless donor willingly puts a check in the box, to cover the transaction fees. This is totally voluntary.