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Good afternoon, I have a question and looking for some help. Since the IRS says you can only deduct the portion of your contribution that is over and above the benefit you received, I wanted to know whether the donations in the following 2 scenarios are 100% tax-deductible? And, if not, how do you go about calculating the benefit received for each one? 1. Yearbook Sponsorships - an amount paid for honoring a student with a personal message (usually, half-page or whole page in the yearbook). 2. Brick Fundraisers - an amount paid for a personalized engraved brick which is placed on the walkways of our School. Thanks very much, Patty Martiesian -- Patty Martiesian Director of Development 817 River Road | New Milford, NJ 07646 Phone: 201.967.5940 ext. 111 | Fax: 201.967.0249

In both cases, the donor receives recognition only - no tangible benefit. Therefore both payments are 100% charitable. 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, Jul 22, 2019 at 2:24 PM Patty Kashani <patty@hovnanianschools.org> wrote: > Good afternoon, > > I have a question and looking for some help. > > Since the IRS says you can only deduct the portion of your contribution > that is over and above the benefit you received, I wanted to know whether > the donations in the following 2 scenarios are 100% tax-deductible? And, if > not, how do you go about calculating the benefit received for each one? > > 1. Yearbook Sponsorships - an amount paid for honoring a student with a > personal message (usually, half-page or whole page in the yearbook). > 2. Brick Fundraisers - an amount paid for a personalized engraved brick > which is placed on the walkways of our School. > > Thanks very much, > Patty Martiesian > > -- > > Patty Martiesian > Director of Development > 817 River Road | New Milford, NJ 07646 > Phone: 201.967.5940 ext. 111 | Fax: 201.967.0249 > > > > >

Thanks very much, John. On Mon, Jul 22, 2019 at 2:35 PM John Taylor <johntaylorconsulting@gmail.com> wrote: > In both cases, the donor receives recognition only - no tangible benefit. > Therefore both payments are 100% charitable. > > 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, Jul 22, 2019 at 2:24 PM Patty Kashani <patty@hovnanianschools.org> > wrote: > >> Good afternoon, >> >> I have a question and looking for some help. >> >> Since the IRS says you can only deduct the portion of your contribution >> that is over and above the benefit you received, I wanted to know whether >> the donations in the following 2 scenarios are 100% tax-deductible? And, if >> not, how do you go about calculating the benefit received for each one? >> >> 1. Yearbook Sponsorships - an amount paid for honoring a student with a >> personal message (usually, half-page or whole page in the yearbook). >> 2. Brick Fundraisers - an amount paid for a personalized engraved brick >> which is placed on the walkways of our School. >> >> Thanks very much, >> Patty Martiesian >> >> -- >> >> Patty Martiesian >> Director of Development >> 817 River Road | New Milford, NJ 07646 >> Phone: 201.967.5940 ext. 111 | Fax: 201.967.0249 >> >> >> >> >> -- Patty Martiesian Director of Development 817 River Road | New Milford, NJ 07646 Phone: 201.967.5940 ext. 111 | Fax: 201.967.0249