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"Variance Power" Refers to the Ability

Question 47

Multiple Choice

"Variance power" refers to the ability


A) Of a not-for-profit organization to use property for commercial purposes, even though it was zoned for residential purposes.
B) Of a not-for-profit organization to alter the terms of any purpose restrictions associated with a contribution that it has received.
C) Of a donor to change the beneficiary of a gift from the beneficiary initially specified.
D) Of a charitable organization to unilaterally decide to direct the use of donated assets to a beneficiary other than that specified by the donor.

Correct Answer:

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