With your follow-up note indicating that this would not have been
considered a University event I see no path to making these payments
tax-deductible - even if you run it through your accounting system. It
simply sounds like a keg party from the olden days. And I would go so far
as to suggest you might want to talk to counsel as you will want to remove
Fairfield from all liabilities pertaining to underage drinking, drunk
driving, etc.
John
John H. Taylor
Principal, John H. Taylor Consulting
2604 Sevier St.
Durham, NC 27705
johntaylorconsulting@gmail.com
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
On Fri, Feb 1, 2019 at 12:41 PM Lisa Sabia <
lsabia@fairfield.edu> wrote:
> A Class Committee consisting of a group of Alumni are planning on hosting
> a cocktail party event. Each Committee member would be contributing funds
> to the University to cover the costs of the event. The entire class would
> be invited to attend. Is this allowable to be considered a gift? Or do
> QPQ and CASE rules prevent counting as the funds given would not exceed the
> costs incurred.
>
> The event is being planned and would appreciate any insight.
>
> Thank you
> Lisa Sabia
>