Think about how the SFWA have to account for that. It's either a $100k+ loan to Pat; in which case Pat needs to list it in the debtor's exam as money he owes. Or, it's a $100k+ benefit they paid to Pat, in which case it comes up as income for him, and a loss for the SFWA. A loss which violates their own rules on helping authors, and is clearly not for the charitable purposes they were granted tax exempt status for, and if they get caught just handing out money to their friends they could lose that charity status.
In unrelated news, the SFWA spent $8k worth of legal fees trying (and succeeding) in keeping the details of Pat's payment from Quasi.
The SFWA situation could get very funny, very fast.