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Ashling Preston

Oct 15, 2026

15:10
Mm-hmm
15:10
... dollar that is misspent is basically robbing a child of their education resources.
15:16
So, you know, Treasury put in very robust restrictions to prevent fraud and abuse from happening, and so I know states and SGOs certainly wanna understand what those are so that they can make sure they're following the law properly and serving students, um, as they should be.
15:32
And then on kind of the, um, SGO side, additionally, some of the things that they're understanding are what are the reporting and record-keeping requirements? Um, what is their obligation? So when a, when a donor gives them $1,700, what kind of receipt do they have to give them back? How do they have to report that information to the IRS and to Treasury to make sure that everything is matching up in the system, and that Treasury can track where all these contributions are coming from? Um, and then on the donor side, we got some really crucial information about things that donors are gonna have to do.
16:05
Um, you know, it's very light touch.
16:07
It's, you know, you're gonna donate to that SGO.
16:10
You're gonna get a receipt back.
17:12
Yeah

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