I Do Not Like It Scam-I-Am

I Do Not Like It Scam-I-Am

Last week, the Community Foundation received a remarkable check from a new donor—almost $40,000.  And, it was unrestricted.  Yowza.  The donor trusted our judgment on how to apply it most wisely. It started with a generic email asking whom to talk to about making a donation.  The donor was from London, England, so my radar went up.  I mean, who makes a gift from overseas without any local ties to a community? Of course, I did the net search, revealing their company Website and Linked-In page, none of which offered any clues.  But, seeing those sites did sort of make it real. After several emails back and forth—all very brief, mind you—we received a Cashier’s check from a Trust fund held at a well-known regional bank.  Same as cash, right? Those Cashier’s checks?  My radar shifted from, “This is too good to be true,” to “WAA-HOO!” And, what’s more, it was for about $10,000 more than the email pledged.   Our Board of Directors was poised for discussion on best use of the funds. We had visions of future software purchases, creation of at least one new endowment fund, and stashing some away in a Reserve Fund. And then, the shoe dropped.  As requested, I emailed the donor to say the gift had arrived.  He called. The gift was $10,000 more “by mistake.”  Actually, the donor said, his accountant, who was now in Greece (Sigh*) had made this error and he expected he would need to fire him (Jeez*).  What’s more, he had pledged that portion of the distribution to a family with a child headed into surgery—and they needed...