Quinn
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Enter the historical cost or other basis (purchase price plus improvements). For property that cannot be sold, report the cost basis and note any restrictions on Schedule D or Schedule O. This keeps your filing transparent and compliant.
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Your suspicion is understandable. Anti-DEI executive orders are creating a chilling effect in the private sector. Banks are de-risking by avoiding nonprofits with DEI missions, even stable ones. Corporations are retreating from DEI, and the FTC is using antitrust arguments against them. Connect with other nonprofits to find a processor willing to serve you.
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Your mission dictates your revenue sources. Diversify within your lane. A hospital bills for services. A museum charges admission. A community centre relies on grants. Stay aligned to avoid mission drift. That is the rule.
