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Committee endorses using Community Foundation to manage downtown recreation donations; contract to proceed to appropriations review
Summary
The committee supported the mayor entering an agreement with the Community Foundation to accept and manage donations for a downtown recreation area, noting convenience for donors and tax‑deductibility advantages but also raising questions about fees and procurement review.
The Strategic Planning Committee voted to support the mayor entering into an agreement with the Community Foundation to receive and manage donations for a proposed downtown recreation area and related philanthropic activities. Committee members asked staff to bring the contract and fee implications to the appropriations process for further review.
Staff said placing donations with the Community Foundation makes it easier to accept one‑time and recurring gifts, provides donors with documentation and may allow tax‑deductible treatment because the foundation is a 501(c)(3). The Community…
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