Differences

This shows you the differences between two versions of the page.

--- donor_advised_fund [2024/12/05 18:55] – admin
+++ donor_advised_fund [2025/02/21 15:01] (current) – adding a sample daf flow admin
@@ Line 1: / Line 1: @@
 ===== Wikidata References =====
 [[https://www.wikidata.org/wiki/Q5296796|DAF]]
+===== Important Forms ======
+For the Donor
+  *[[https://www.irs.gov/pub/irs-pdf/f8283.pdf|IRS Form 8283 Non-Cash Charitable Contributions]]
+  *[[https://www.irs.gov/pub/irs-pdf/f1040sa.pdf|Form 1040]]
+For the sponsoring organization
+  *[[https://www.irs.gov/pub/irs-pdf/f990ezb.pdf|Form 990]] - Annually
+  *[[https://www.irs.gov/pub/irs-pdf/f8282.pdf|Form 8282]] - If selling donated property within 3 years of receipt
+  *[[Donor acknowledgment letters]]
+For [[Qualified Appraiser]]
+  *[[https://www.irs.gov/pub/irs-pdf/f8283.pdf|Form 8283]] - if assessed value is over $5000
+*[[https://www.irs.gov/pub/irs-drop/rr-03-28.pdf|IRS Section 170]]
 ===== Sample Processes ======
+<bpmnio type="bpmn">
+<?xml version="1.0" encoding="UTF-8"?>
+<definitions xmlns="http://www.omg.org/spec/BPMN/20100524/MODEL" xmlns:bpmndi="http://www.omg.org/spec/BPMN/20100524/DI" xmlns:dc="http://www.omg.org/spec/DD/20100524/DC" xmlns:di="http://www.omg.org/spec/DD/20100524/DI" id="definitions_1"><process id="Process_1" isExecutable="false"><startEvent id="start" name="Donation Process Starts"><outgoing>start-task1</outgoing></startEvent><userTask id="task1" name="Donor Initiates Donation"><incoming>start-task1</incoming><outgoing>task1-gateway1</outgoing></userTask><exclusiveGateway id="gateway1" name="Asset Type Decision"><incoming>task1-gateway1</incoming><outgoing>gateway1-task2</outgoing><outgoing>gateway1-task4</outgoing></exclusiveGateway><task id="task2" name="Process Cash or Crypto Donation"><incoming>gateway1-task2</incoming><outgoing>task2-task3</outgoing></task><task id="task3" name="Redirect to Endaoment.org"><incoming>task2-task3</incoming><outgoing>task3-end</outgoing></task><task id="task4" name="Assess Asset Type"><incoming>gateway1-task4</incoming><outgoing>task4-gateway2</outgoing></task><exclusiveGateway id="gateway2" name="Appraisal Needed?"><incoming>task4-gateway2</incoming><outgoing>gateway2-task5</outgoing><outgoing>gateway2-end</outgoing></exclusiveGateway><task id="task5" name="Initiate Appraisal Process"><incoming>gateway2-task5</incoming><outgoing>task5-task6</outgoing></task><endEvent id="end" name="Donation Process Ends"><incoming>task3-end</incoming><incoming>task6-end</incoming><incoming>gateway2-end</incoming></endEvent><sequenceFlow id="start-task1" sourceRef="start" targetRef="task1" /><sequenceFlow id="task1-gateway1" sourceRef="task1" targetRef="gateway1" /><sequenceFlow id="task2-task3" sourceRef="task2" targetRef="task3" /><sequenceFlow id="task3-end" sourceRef="task3" targetRef="end" /><sequenceFlow id="gateway1-task2" name="Cash or Crypto Donation" sourceRef="gateway1" targetRef="task2" /><sequenceFlow id="task4-gateway2" sourceRef="task4" targetRef="gateway2" /><sequenceFlow id="task5-task6" sourceRef="task5" targetRef="task6" /><sequenceFlow id="task6-end" sourceRef="task6" targetRef="end" /><sequenceFlow id="gateway2-task5" name="Valuation Over $5000" sourceRef="gateway2" targetRef="task5" /><sequenceFlow id="gateway2-end" name="Valuation $5000 or Less" sourceRef="gateway2" targetRef="end" /><sequenceFlow id="gateway1-task4" name="Other Asset Types" sourceRef="gateway1" targetRef="task4" /><manualTask id="task6" name="Wait for Qualified Approval"><incoming>task5-task6</incoming><outgoing>task6-end</outgoing></manualTask></process><bpmndi:BPMNDiagram id="BPMNDiagram_Process_1"><bpmndi:BPMNPlane id="BPMNPlane_Process_1" bpmnElement="Process_1"><bpmndi:BPMNShape id="start_di" bpmnElement="start"><dc:Bounds x="57" y="52" width="36" height="36" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="task3_di" bpmnElement="task3"><dc:Bounds x="625" y="30" width="100" height="80" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="task4_di" bpmnElement="task4"><dc:Bounds x="475" y="170" width="100" height="80" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="end_di" bpmnElement="end"><dc:Bounds x="1122" y="52" width="36" height="36" /><bpmndi:BPMNLabel><dc:Bounds x="1096" y="14.5" width="87" height="27" /></bpmndi:BPMNLabel></bpmndi:BPMNShape><bpmndi:BPMNShape id="Activity_0shffru_di" bpmnElement="task6"><dc:Bounds x="1040" y="170" width="100" height="80" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="task1_di" bpmnElement="task1"><dc:Bounds x="150" y="30" width="100" height="80" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="gateway1_di" bpmnElement="gateway1" isMarkerVisible="true"><dc:Bounds x="315" y="45" width="50" height="50" /><bpmndi:BPMNLabel><dc:Bounds x="277" y="14" width="55" height="27" /></bpmndi:BPMNLabel></bpmndi:BPMNShape><bpmndi:BPMNShape id="task2_di" bpmnElement="task2"><dc:Bounds x="460" y="30" width="100" height="80" /></bpmndi:BPMNShape><bpmndi:BPMNShape id="task5_di" bpmnElement="task5"><dc:Bounds x="900" 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/><bpmndi:BPMNLabel><dc:Bounds x="360" y="45" width="74" height="27" /></bpmndi:BPMNLabel></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="task4-gateway2_di" bpmnElement="task4-gateway2"><di:waypoint x="575" y="210" /><di:waypoint x="745" y="210" /></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="task5-task6_di" bpmnElement="task5-task6"><di:waypoint x="1000" y="210" /><di:waypoint x="1040" y="210" /></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="task6-end_di" bpmnElement="task6-end"><di:waypoint x="1090" y="170" /><di:waypoint x="1090" y="70" /><di:waypoint x="1122" y="70" /></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="gateway2-task5_di" bpmnElement="gateway2-task5"><di:waypoint x="795" y="210" /><di:waypoint x="900" y="210" /><bpmndi:BPMNLabel><dc:Bounds x="830" y="226" width="73" height="27" /></bpmndi:BPMNLabel></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="gateway2-end_di" bpmnElement="gateway2-end"><di:waypoint x="770" y="185" /><di:waypoint x="770" y="70" /><di:waypoint x="1122" y="70" /><bpmndi:BPMNLabel><dc:Bounds x="780" y="114" width="79" height="27" /></bpmndi:BPMNLabel></bpmndi:BPMNEdge><bpmndi:BPMNEdge id="gateway1-task4_di" bpmnElement="gateway1-task4"><di:waypoint x="340" y="95" /><di:waypoint x="340" y="210" /><di:waypoint x="475" y="210" /><bpmndi:BPMNLabel><dc:Bounds x="350" y="143" width="90" height="14" /></bpmndi:BPMNLabel></bpmndi:BPMNEdge></bpmndi:BPMNPlane></bpmndi:BPMNDiagram></definitions>
+</bpmnio>
 The process includes steps for reviewing the donor's intent, conducting a legal compliance check, and handling both compliant and non-compliant outcomes. It also covers the establishment of the fund, allocation of assets, and issuance of legal documents.