Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Funding topic
No spam. Unsubscribe anytime.
Commission counsel: reparations donations must be set up as restricted city gifts; treasurer involvement required
Summary
The chair reported counsel's guidance that reparations donations to the municipality would be restricted gifts earmarked for donor-specified purposes and that the commission should work with the treasurer to establish an account and later set eligibility procedures.
The commission discussed how to accept philanthropic or private donations for reparations. The chair said they had contacted counsel (Felicia Sewall) and relayed that donations would be considered restricted gifts to the city and could be expended only for donor-specified purposes, and that the commission must work with the city treasurer to set up an account.
The chair summarized counsel—s advice: donors can give to a designated account, the commission does not need to register as a public charity, and the commission will later need to establish standards and procedures for determining eligibility for reparations payments. Commissioners agreed that chairs or designated commissioners should follow up with the treasurer to explore setting up the account and the commission—s governance around gift acceptance.
