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I think you could treat these as insubstantial benefits which, as long as their value is under $11.10, you can provide to any donor who contributes a minimum of $55.50 (in 2019). 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 Tue, May 14, 2019 at 2:47 PM Anna Wilk < 0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: > Hi all, > > One of our dorms is coming down and Advancement wants to try to get > donations and you can receive a brick for your donation. Since this brick > would normally be thrown away it doesn't have much value, but we are going > to add a plaque to each brick with the engraved print of the residence Hall > with the years it was functioning. This plaque would cost about $10. > > Question, since we are now adding value to a brick for a donation with a > plaque to it would the costs of goods and services be $10 even though the > bricks are worth nothing and would get tossed? I would think we have added > value to the brick so it would count towards the cost of goods and services > but we never had a dorm get torn down and didn't want to assume anything. > > I appreciate your help, > Anna > Saint Xavier University >

The gift MUST be $55.50 to qualify for the insubstantial benefit exception. Below that and you will need to QPQ this. 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 Tue, May 14, 2019 at 4:11 PM Anna Wilk < 0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: > Thanks John. The required minimum they want to charge is $25.00 per brick > and a cost is $10.00. > > On Tuesday, May 14, 2019, 2:54:51 PM EDT, John Taylor < > johntaylorconsulting@GMAIL.COM> wrote: > > > I think you could treat these as insubstantial benefits which, as long as > their value is under $11.10, you can provide to any donor who contributes a > minimum of $55.50 (in 2019). > > 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 Tue, May 14, 2019 at 2:47 PM Anna Wilk < > 0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: > > Hi all, > > One of our dorms is coming down and Advancement wants to try to get > donations and you can receive a brick for your donation. Since this brick > would normally be thrown away it doesn't have much value, but we are going > to add a plaque to each brick with the engraved print of the residence Hall > with the years it was functioning. This plaque would cost about $10. > > Question, since we are now adding value to a brick for a donation with a > plaque to it would the costs of goods and services be $10 even though the > bricks are worth nothing and would get tossed? I would think we have added > value to the brick so it would count towards the cost of goods and services > but we never had a dorm get torn down and didn't want to assume anything. > > I appreciate your help, > Anna > Saint Xavier University > >

Hi all, One of our dorms is coming down and Advancement wants to try to get donations and you can receive a brick for your donation.  Since this brick would normally be thrown away it doesn't have much value, but we are going to add a plaque to each brick with the engraved print of the residence Hall with the years it was functioning.  This plaque would cost about $10. Question, since we are now adding value to a brick for a donation with a plaque to it would the costs of goods and services be $10 even though the bricks are worth nothing and would get tossed?  I would think we have added value to the brick so it would count towards the cost of goods and services but we never had a dorm get torn down and didn't want to assume anything. I appreciate your help,AnnaSaint Xavier University

Thanks John.  The required minimum they want to charge is $25.00 per brick and a cost is $10.00. On Tuesday, May 14, 2019, 2:54:51 PM EDT, John Taylor <johntaylorconsulting@GMAIL.COM> wrote: I think you could treat these as insubstantial benefits which, as long as their value is under $11.10, you can provide to any donor who contributes a minimum of $55.50 (in 2019). John John H. TaylorPrincipal, John H. Taylor Consulting 2604 Sevier St. Durham, NC   27705johntaylorconsulting@gmail.com919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, May 14, 2019 at 2:47 PM Anna Wilk <0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: Hi all, One of our dorms is coming down and Advancement wants to try to get donations and you can receive a brick for your donation.  Since this brick would normally be thrown away it doesn't have much value, but we are going to add a plaque to each brick with the engraved print of the residence Hall with the years it was functioning.  This plaque would cost about $10. Question, since we are now adding value to a brick for a donation with a plaque to it would the costs of goods and services be $10 even though the bricks are worth nothing and would get tossed?  I would think we have added value to the brick so it would count towards the cost of goods and services but we never had a dorm get torn down and didn't want to assume anything. I appreciate your help,AnnaSaint Xavier University

Thanks that is what I leaning toward but always appreciate you confirming for me. On Tuesday, May 14, 2019, 3:18:42 PM CDT, John Taylor <johntaylorconsulting@GMAIL.COM> wrote: The gift MUST be $55.50 to qualify for the insubstantial benefit exception.  Below that and you will need to QPQ this. John John H. TaylorPrincipal, John H. Taylor Consulting 2604 Sevier St. Durham, NC   27705johntaylorconsulting@gmail.com919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, May 14, 2019 at 4:11 PM Anna Wilk <0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: Thanks John.  The required minimum they want to charge is $25.00 per brick and a cost is $10.00. On Tuesday, May 14, 2019, 2:54:51 PM EDT, John Taylor <johntaylorconsulting@GMAIL.COM> wrote: I think you could treat these as insubstantial benefits which, as long as their value is under $11.10, you can provide to any donor who contributes a minimum of $55.50 (in 2019). John John H. TaylorPrincipal, John H. Taylor Consulting 2604 Sevier St. Durham, NC   27705johntaylorconsulting@gmail.com919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, May 14, 2019 at 2:47 PM Anna Wilk <0000000db8c39c8e-dmarc-request@listserv.fundsvcs.org> wrote: Hi all, One of our dorms is coming down and Advancement wants to try to get donations and you can receive a brick for your donation.  Since this brick would normally be thrown away it doesn't have much value, but we are going to add a plaque to each brick with the engraved print of the residence Hall with the years it was functioning.  This plaque would cost about $10. Question, since we are now adding value to a brick for a donation with a plaque to it would the costs of goods and services be $10 even though the bricks are worth nothing and would get tossed?  I would think we have added value to the brick so it would count towards the cost of goods and services but we never had a dorm get torn down and didn't want to assume anything. I appreciate your help,AnnaSaint Xavier University

We are doing a very similar thing except we are not putting any plaque, etc. on the brick. We are simply mailing the alum the brick. There would be a cost to mail the brick - does that have to be considered?

We are doing a very similar thing except we are not putting any plaque, etc. on the brick. We are simply mailing the alum the brick. There would be a cost to mail the brick - does that have to be considered?

As they are receiving something of value you must determine a FMV. It is probably nominal but still necessary. John Taylor 919.816.5903 johntaylorconsulting@gmail.com Big ideas; small keyboard > On Jul 1, 2019, at 5:16 PM, Megan Sadowski <msadowsk@smumn.edu> wrote: > > We are doing a very similar thing except we are not putting any plaque, etc. on the brick. We are simply mailing the alum the brick. There would be a cost to mail the brick - does that have to be considered?

As they are receiving something of value you must determine a FMV. It is probably nominal but still necessary. John Taylor 919.816.5903 johntaylorconsulting@gmail.com Big ideas; small keyboard > On Jul 1, 2019, at 5:16 PM, Megan Sadowski <msadowsk@smumn.edu> wrote: > > We are doing a very similar thing except we are not putting any plaque, etc. on the brick. We are simply mailing the alum the brick. There would be a cost to mail the brick - does that have to be considered?