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Hello all, How do your organizations go about receipting multiple people/entities that split paying for a sponsorship that has benefits tied to it? Say, for example, a company and an executive there split a $10,000 event sponsorship 50/50. The sponsorship includes 5 tickets to the paid event with an estimated FMV. Would you just mention both payments on both receipts and the combined items being given in return and let them determine who reduces their charitable portion by what amount? If the tickets could be evenly divided between the two sponsors, would you just split the tickets/benefits evenly? Thanks, Keith Padgett Donor Services & Database Manager Gleaners Food Bank of Indiana

Do check the archives. One thing you have to be concerned about is bifurcation when it comes to partial payments from private foundations or donor-advised funds. Assuming the above does not apply I split the benefits in equal proportions to the payments received and add a description to that effect. 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 Mon, Mar 18, 2019 at 2:52 PM Keith Padgett <kpadgett@gleaners.org> wrote: > Hello all, > > How do your organizations go about receipting multiple people/entities > that split paying for a sponsorship that has benefits tied to it? Say, for > example, a company and an executive there split a $10,000 event sponsorship > 50/50. The sponsorship includes 5 tickets to the paid event with an > estimated FMV. Would you just mention both payments on both receipts and > the combined items being given in return and let them determine who reduces > their charitable portion by what amount? If the tickets could be evenly > divided between the two sponsors, would you just split the tickets/benefits > evenly? > > Thanks, > > Keith Padgett > Donor Services & Database Manager > Gleaners Food Bank of Indiana >

Thank you, John. No private foundations or donor-advised funds in this situation. I'll try to find relevant discussions in the archives for further reading. On Mon, 18 Mar 2019 15:05:16 -0400, John Taylor <johntaylorconsulting@GMAIL.COM> wrote: >Do check the archives. One thing you have to be concerned about is >bifurcation when it comes to partial payments from private foundations or >donor-advised funds. > >Assuming the above does not apply I split the benefits in equal proportions >to the payments received and add a description to that effect. > >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 Mon, Mar 18, 2019 at 2:52 PM Keith Padgett <kpadgett@gleaners.org> wrote: > >> Hello all, >> >> How do your organizations go about receipting multiple people/entities >> that split paying for a sponsorship that has benefits tied to it? Say, for >> example, a company and an executive there split a $10,000 event sponsorship >> 50/50. The sponsorship includes 5 tickets to the paid event with an >> estimated FMV. Would you just mention both payments on both receipts and >> the combined items being given in return and let them determine who reduces >> their charitable portion by what amount? If the tickets could be evenly >> divided between the two sponsors, would you just split the tickets/benefits >> evenly? >> >> Thanks, >> >> Keith Padgett >> Donor Services & Database Manager >> Gleaners Food Bank of Indiana >> >