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.
1055 Wilshire Blvd., Suite #900E, Los Angeles, CA 90017 â¢ PH: (213).353.3982. *The PACE Energy Savings Project is funded by California utility customers and administered by Southern California Gas Company (SoCalGasÂ®) under the auspices of the California Utilities Commission, through a contract awarded to PACE.