Professor Horwitz Discusses Consequences for Unhappy Donors Who Want Their Gifts Refunded in Wall Street Journal Article

December 15, 2014 -- Professor Jill Horwitz discussed, in a Wall Street Journal article, some of the consequences for donors who ask that their gifts be refunded.

“If you get money back, it’s just counted as income and you pay income taxes on it,” says Jill Horwitz, a professor who teaches nonprofit law at the University of California at Los Angeles. “That essentially undoes the deduction that you got before.”

Read the article.