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.
PACE is a Medicare and Medicaid program that helps people meet their health care needs in the community instead of going to a nursing home or other care facility. PACE stands for Programs of All-Inclusive Care for the Elderly. With PACE, the focus is on you â you have a team of health care professionals working with you and your family to make sure you get the coordinated care you need. Your team is experienced in caring for people like you.