Liquidation of Non-Cash Donations
As the ministry of Cru® (Campus Crusade for Christ International®) pursues the mandate to help fulfill the Great Commission in this generation, it believes that all available resources should be at work in furthering this goal. Therefore, non-cash donations that it receives will generally be liquidated at the first available opportunity. Gifts of stocks, bonds, mutual funds and other securities will be sold immediately, often within 3 to 5 days. Gifts of real property approved by the Property Gift Committee (see Campus Crusade Property Gift Acceptance Guidelines) will be turned over to appropriate brokers/agents for sale to a qualified buyer. Exceptions may be made by senior leadership (President’s Cabinet members), as deemed appropriate and consistent with the overall mission of the organization.
The ministry will not hold non-cash gifts long-term nor seek to “time the market,” but will liquidate them in a wise, thoughtful manner. Any and all resources necessary to the liquidation process will be marshaled to expedite the conversion of non-cash gifts to cash for ministry use(s) as designated by the donor. Questions regarding such procedures are welcome and may be directed to the ministry’s stock administrators by calling toll-free (888)-CRU-7233 (278-7233) or (407) 826-2411 or to the Cru Foundation™ Property Gift Acceptance Committee at (800) 449-5454 or (407) 541-5102.
Jesus Film®