This rule provides for more accurate accounting of property owned by your nonprofit. The IRS also has special rules regarding quid pro quo donations. A quid pro quo donation is a charitable contribution in which the donor receives some good, typically of lesser value, in exchange for the contribution.
Property Assessed Clean Energy (PACE) financing is a financing option available to Los Angeles County property owners fund energy efficient, water-saving and renewable energy upgrade projects through an assessment on their property tax bills.
The Pharmaceutical Assistance Contract for the Elderly or âPACEâ program is a lottery funded. program that provides prescription drug coverage to individuals age 65 and older who meet the. programâs income requirements: PACE is available for individuals with annual incomes below. $14,500 for single persons and $17,700 for married couples. There. are no income deductions and all income is counted. There is no. asset limit for eligibility.