Schedule C, Gifts

In accordance with Government Accountability Act of 2021, individuals in designated positions must file statements of economic interests for public inspection in order to determine a potential conflict of interest.

Moderator: San Andreas State Treasurer

Locked
User avatar
Noah Wade
Posts: 112
Joined: Mon May 31, 2021 3:33 pm


Image

SCHEDULE C STATEMENT OF ECONOMIC INTERESTS



Schedule C, Gifts Instructions


A gift is anything of value for which you have not provided equal or greater consideration to the donor. A gift is reportable if its fair market value is $10,000 or more. In addition, multiple gifts totaling $10,000 or more received during the reporting period from a single source must be reported.

It is the acceptance of a gift, not the ultimate use to which it is put, that imposes your reporting obligation. Except as noted below, you must report a gift even if you never used it or if you gave it away to another person.

If the exact amount of a gift is unknown, you must make a good faith estimate of the item’s fair market value. Listing the value of a gift as “over $10,000” or “value unknown” is not adequate disclosure.

Commonly reportable gifts include
  • Tickets/passes to sporting or entertainment events
  • Rebates/discounts not made in the regular course of business to members of the public without regard to official status
  • Wedding gifts
  • Prizes or awards disclosed as gifts
  • Transportation and lodging

You are not required to disclose
  • Gifts that were not used and that, within 30 days after receipt, were returned to the donor or delivered to a charitable organization or government agency without being claimed by you as a charitable contribution.
  • Gifts from your spouse or registered domestic partner, child, parent, grandparent, grandchild, brother, sister, and certain other family members
  • Gifts given to members of your immediate family if the source has an established relationship with the family member and there is no evidence to suggest the donor had a purpose to influence you
  • Any other payment not identified above, that would otherwise meet the definition of gift, where the payment is made by an individual who is not a lobbyist registered to lobby the official’s state agency, where it is clear that the gift was made because of an existing personal or business relationship unrelated to the official’s position and there is no evidence whatsoever at the time the gift is made to suggest the donor had a purpose to influence you.
To Complete Schedule C
  • Disclose the full name (not an acronym), address, and, if a business entity, the business activity of the source.
  • Provide the date (month, day, and year) of receipt, and disclose the fair market value and description of the gift.

Form 700, Schedule C, Gifts Form



Filer's name:


Name of Source (Not an Acronym):
Address:
Business Activity, if any, of Source:

Date: MM/DD/YYYY
Value $:
Description of Gift(s):

Date: MM/DD/YYYY
Value $:
Description of Gift(s):

Date: MM/DD/YYYY
Value $:
Description of Gift(s):

Date: MM/DD/YYYY
Value $:
Description of Gift(s):


Formats

Schedule B Format:

Code: Select all

[divbox=#FFFFDA][br][/br][center][b][size=115]Form 700, Schedule C, Gifts Form[/center][/b][/size]
[br][/br]
[b]Filer's name: [/b]
[br][/br][hr][/hr]

[b]Name of Source (Not an Acronym): [/b]
[b]Address: [/b]
[b]Business Activity, if any, of Source: [/b]

[b]Date: [/b] MM/DD/YYYY
[b]Value $: [/b]
[b]Description of Gift(s): [/b]

[b]Date: [/b] MM/DD/YYYY
[b]Value $: [/b]
[b]Description of Gift(s): [/b]

[b]Date: [/b] MM/DD/YYYY
[b]Value $: [/b]
[b]Description of Gift(s): [/b]

[b]Date: [/b] MM/DD/YYYY
[b]Value $: [/b]
[b]Description of Gift(s): [/b]
[br][/br][/divbox]
Locked