Component Funds holding Fundraising Events

RosieOgawa

How does everyone manage Component Funds, specifically those that do not have their own 501(c)(3) status and are advised by donor-advised fund (DAF) advisors who are part of the general public, that want to hold fundraising events (i.e. gala, golf outing)? More specifically, how do you oversee their activities? What parameters or restrictions have you implemented in your fundraising policy that have been effective for you? Additionally, how have you navigated the gray areas related to raffles and auctions?