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  • 1.  Benefits for memberships

    Posted 07-29-2019 07:33 PM
    Good afternoon, One of our units has begun a new contribution-based membership program. There is a "free" level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn't see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<http://dar.uga.edu/> [University of Georgia]


  • 2.  Re: Benefits for memberships

    Posted 07-30-2019 12:10 AM
    Hi Jason, Great question and I've had to deal with this. It's not easy to answer and the IRS website doesn't help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. Valdescaro Associate Vice President, Advancement Services Office | 808-376-7830 University of Hawai'i Foundation<http://www.uhfoundation.org> 1314 South King Street, Suite B Honolulu, HI 96814 <https://goo.gl/maps/n8uM1mFV5WS2> Facebook<http://www.facebook.com/UniversityHawaiiFoundation> * Twitter<http://twitter.com/UHawaiiFdn> * LinkedIn<https://www.linkedin.com/company/university-of-hawaii-foundation> <http://www.uhfoundation.org>[University of Hawaii Foundation]<http://www.uhfoundation.org/><http://www.uhfoundation.org> FOR OUR UNIVERSITY, OUR HAWAI'I, OUR FUTURE From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Jason Burdette Sent: Monday, July 29, 2019 10:33 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] Benefits for memberships Good afternoon, One of our units has begun a new contribution-based membership program. There is a "free" level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn't see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<http://dar.uga.edu/> [University of Georgia] This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 3.  Re: Benefits for memberships

    Posted 07-30-2019 03:21 AM
    Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend *all* of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. 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 29, 2019 at 9:10 PM Eric Valdescaro < Eric.Valdescaro@uhfoundation.org> wrote: > Hi Jason, > > > > Great question and I’ve had to deal with this. It’s not easy to answer > and the IRS website doesn’t help much in my opinion. Essentially, > Insubstantial Benefits (those for which the full charitable donation may > remain eligible for a tax deduction) may include frequently exercised > membership rights and privileges offered to members in consideration of $75 > or less per year which may include things such as free/discounted admission > or parking or 10% discount from a gift shop etc. > > > > Since your support level starts at $125 it sounds like the only benefits > that would not reduce the full $125 from being charitable are any benefits > not included at the free level and for which the cumulative FMV does not > exceed 2% of $125 (unless they are name/logo items for which the annual > cumulative exemption may reach $11.10 for 2019). It may be easier and > wiser to have your support level start at $75 instead of $125. > > > > Welcoming additional information other listsers may have on this. > > > > -Eric > > > > > *Eric F. Valdescaro* > Associate Vice President, Advancement Services > > *Office* | 808-376-7830 > > *University of Hawai‘i Foundation* <http://www.uhfoundation.org> > 1314 South King Street, Suite B > Honolulu, HI 96814 <https://goo.gl/maps/n8uM1mFV5WS2> > Facebook <http://www.facebook.com/UniversityHawaiiFoundation> • Twitter > <http://twitter.com/UHawaiiFdn> • LinkedIn > <https://www.linkedin.com/company/university-of-hawaii-foundation> > > <http://www.uhfoundation.org>[image: University of Hawaii Foundation] > <http://www.uhfoundation.org/> <http://www.uhfoundation.org> > > *FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE* > > > > > > *From:* Advancement Services Discussion List [mailto: > FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Jason Burdette > *Sent:* Monday, July 29, 2019 10:33 AM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* [FUNDSVCS] Benefits for memberships > > > > Good afternoon, > > > > One of our units has begun a new contribution-based membership program. > There is a “free” level that will give a member certain perks, but > supporters beginning at $125 in cumulative annual gifts to the unit will > earn additional perks including discounted attendance to events, free > items, and exclusive opportunities with unit staff. Valuing the benefits > will not be an easy task, but determining the gift that qualifies the donor > for a certain level will be even harder. > > > > Does anyone have experience or wisdom with properly receipting gifts that > result in cumulative annual giving benefits? > > > > I found several other membership conversations on the listserv, but I > didn’t see any with this specific question. Please excuse me if this is a > repeat. > > > > Many thanks, > Jason > > > > *Jason R. Burdette* > Gift Accounting > > UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 > 706-542-8160 <7065428160> | burdette@uga.edu | dar.uga.edu > > [image: University of Georgia] > > > > This message (including any attachments) is covered by the Electronic > Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the > University of Hawaii Foundation. It may contain confidential information > intended for a specific individual and purpose. If you are not the > intended recipient, you must delete this message. You are hereby notified > that any disclosure, copying, or distribution of this message is > prohibited. >


  • 4.  Re: Benefits for memberships

    Posted 07-30-2019 11:39 AM
    On the point of benefits provided in return for cumulative giving, conceptually, you look at each gift as it is made. Suppose benefits are provided when cumulative giving reaches $125, as in your description. The donor, say, gives $50. No benefits are provided to the donor, so you would issue a receipt with the “no goods or services language.” The same for a second $50 gift. But if the donor makes a third $50 gift, they now qualify for the benefits, and the full value of the benefits would have to be disclosed. The complication—especially in circumstances where the value of the benefits is substantial, as seems likely in your example—the value of the benefits might exceed the value of the incremental gift that qualified the donor for the benefits. I’ve worked with cumulative giving programs, but not ones where the benefits were so significant that they were likely to exceed the value of the incremental gift that qualified the donor for the benefits. If I had to deal with that situation, I might explore with counsel to include language on the gifts that might contribute toward qualifying the donor for the benefits language like “No goods or services were provided in consideration of this gift. However, if cumulative giving reaches $125 during the fiscal year, the donor will receive benefits valued at $100.” That would tie together the receipts, so that the donor couldn’t just use the first two receipts in the example above and claim an inappropriately large deduction. This calls to mind another important characteristic of the cumulative-benefits programs that I’ve worked with in the past. Only gifts to certain designations qualified toward the membership (in one case, gifts to athletics). If the program were structured so that any gifts qualified toward the membership, such a disclaimer would presumably be required on every gift until the donor qualified for the benefits. I agree with John that it might better not to consider membership contributions to be charitable contributions at all, and that it might not matter to donors given the current high threshold on being able to benefit from itemizing deductions. I think that would be worth considering if, in fact, you are soliciting contributions for this membership program, and/or if only certain contributions designated for the membership program count toward the membership program. It wasn’t clear to me from your description whether all contributions might count toward qualifying for the benefits, however, which would complicate things, possibly making all gifts be considered non-deductible until the $125 threshold was reached? Eric’s thought about repositioning the qualifying level at $75 might be worth considering, but, since at least some of the benefits are not the sort of benefits that can be frequently-exercised, it might not be a great fit for your program.. Eric’s point about low-cost logo items is also worth considering, but it only applies when the low-cost articles are the only benefits being provided, which doesn’t seem to be the case. If you made the membership level $75 and all the benefits were either the privileges that could be frequently exercised or fit under the low-cost articles threshold? Maybe, but I’m not sure that would apply to all the benefits that you list. Based on the admittedly-limited information that we have, it seems like there are many complications with such a program, unless you only count gifts made specifically toward the program and consider them non-deductible because of the benefits. (It is probably also worth mentioning that, if gifts to the program are considered no-deductible, or all gifts up to $125 are considered non-deductible because of the benefits provide, you could not count alumni as donors based on such gifts, which might well affect alumni participation as measured by CASE’s Voluntary Support of Education Survey and the U.S. News rankings.) My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://www.si.edu/> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 4:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. Valdescaro Associate Vice President, Advancement Services Office | 808-376-7830 University of Hawai‘i Foundation<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937455698&sdata=bK4oKEjfkBwb%2Bm%2B%2B0NkVenObOPBMhz7G4xzfqYAOswk%3D&reserved=0> 1314 South King Street, Suite B Honolulu, HI 96814 <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgoo.gl%2Fmaps%2Fn8uM1mFV5WS2&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937465694&sdata=RrB2H1PZxHO9AfcdkZbeEv7gqlrpNP4NbYFpQnevQds%3D&reserved=0> Facebook<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.facebook.com%2FUniversityHawaiiFoundation&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937465694&sdata=VRv3n%2FJJDzCX1doYdiYrLHS3RXbbQX6jyELixibkQhQ%3D&reserved=0> • Twitter<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Ftwitter.com%2FUHawaiiFdn&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937475688&sdata=fZYFKJWUg9JwwBUlE%2B9OxNN9pjIMP%2Fx9WqDt7Hbvvic%3D&reserved=0> • LinkedIn<https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Funiversity-of-hawaii-foundation&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937475688&sdata=8hoop%2FcRIytt%2BS88GxaRK9rKZGEaDWzRU9BroImwrJA%3D&reserved=0> <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937485688&sdata=hirG4herZ1ZCg0rUXLOjt8hxIsh9OPr%2FbMHTTzh1fIc%3D&reserved=0>[University of Hawaii Foundation]<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937485688&sdata=hirG4herZ1ZCg0rUXLOjt8hxIsh9OPr%2FbMHTTzh1fIc%3D&reserved=0><https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937485688&sdata=hirG4herZ1ZCg0rUXLOjt8hxIsh9OPr%2FbMHTTzh1fIc%3D&reserved=0> FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>] On Behalf Of Jason Burdette Sent: Monday, July 29, 2019 10:33 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] Benefits for memberships Good afternoon, One of our units has begun a new contribution-based membership program. There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdar.uga.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937495679&sdata=TrlAeT37I7NShpqvLiKGtZAmA2azJTj1YIIGDfWCM4E%3D&reserved=0> [University of Georgia] This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 5.  Re: Benefits for memberships

    Posted 07-30-2019 06:30 PM
    To clarify, my suggestion was meant with the intention to modify their benefits to those to be frequently exercised – at least for the vast majority of supporters. Then incremental benefits for membership levels above $75 should be established such that they are more easily identified and have straightforward FMVs. But little of this matters unless they first consider reducing their supporter membership cost to $75. -Eric From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Hejnal, Alan Sent: Tuesday, July 30, 2019 2:39 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Benefits for memberships On the point of benefits provided in return for cumulative giving, conceptually, you look at each gift as it is made. Suppose benefits are provided when cumulative giving reaches $125, as in your description. The donor, say, gives $50. No benefits are provided to the donor, so you would issue a receipt with the “no goods or services language.” The same for a second $50 gift. But if the donor makes a third $50 gift, they now qualify for the benefits, and the full value of the benefits would have to be disclosed. The complication—especially in circumstances where the value of the benefits is substantial, as seems likely in your example—the value of the benefits might exceed the value of the incremental gift that qualified the donor for the benefits. I’ve worked with cumulative giving programs, but not ones where the benefits were so significant that they were likely to exceed the value of the incremental gift that qualified the donor for the benefits. If I had to deal with that situation, I might explore with counsel to include language on the gifts that might contribute toward qualifying the donor for the benefits language like “No goods or services were provided in consideration of this gift. However, if cumulative giving reaches $125 during the fiscal year, the donor will receive benefits valued at $100.” That would tie together the receipts, so that the donor couldn’t just use the first two receipts in the example above and claim an inappropriately large deduction. This calls to mind another important characteristic of the cumulative-benefits programs that I’ve worked with in the past. Only gifts to certain designations qualified toward the membership (in one case, gifts to athletics). If the program were structured so that any gifts qualified toward the membership, such a disclaimer would presumably be required on every gift until the donor qualified for the benefits. I agree with John that it might better not to consider membership contributions to be charitable contributions at all, and that it might not matter to donors given the current high threshold on being able to benefit from itemizing deductions. I think that would be worth considering if, in fact, you are soliciting contributions for this membership program, and/or if only certain contributions designated for the membership program count toward the membership program. It wasn’t clear to me from your description whether all contributions might count toward qualifying for the benefits, however, which would complicate things, possibly making all gifts be considered non-deductible until the $125 threshold was reached? Eric’s thought about repositioning the qualifying level at $75 might be worth considering, but, since at least some of the benefits are not the sort of benefits that can be frequently-exercised, it might not be a great fit for your program.. Eric’s point about low-cost logo items is also worth considering, but it only applies when the low-cost articles are the only benefits being provided, which doesn’t seem to be the case. If you made the membership level $75 and all the benefits were either the privileges that could be frequently exercised or fit under the low-cost articles threshold? Maybe, but I’m not sure that would apply to all the benefits that you list. Based on the admittedly-limited information that we have, it seems like there are many complications with such a program, unless you only count gifts made specifically toward the program and consider them non-deductible because of the benefits. (It is probably also worth mentioning that, if gifts to the program are considered no-deductible, or all gifts up to $125 are considered non-deductible because of the benefits provide, you could not count alumni as donors based on such gifts, which might well affect alumni participation as measured by CASE’s Voluntary Support of Education Survey and the U.S. News rankings.) My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://www.si.edu/> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 4:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. 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There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdar.uga.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7C1ab1b3875b484861af8908d714c6edce%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637000716937495679&sdata=TrlAeT37I7NShpqvLiKGtZAmA2azJTj1YIIGDfWCM4E%3D&reserved=0> [University of Georgia] This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited. This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 6.  Re: Benefits for memberships

    Posted 07-30-2019 07:46 PM
    Thanks for the clarification, Eric! Looking over the brief description of the benefits in the original description, one would want to look carefully at whether “discounts on events” would qualify as benefits that could be “frequently exercised” under the membership benefits exception. The IRS makes a distinction between benefits that can be exercised frequently, such as free admission at a museum where you could go every day, and benefits that can only be exercised a limited number of times. For example, Topic G, “Updates on Disclosure and Substantiation Requirements,” from the IRS’s 1997 Exempt Organizations CPE Text, makes this distinction. Essentially, if the benefit can only be exercised a limited number of times, the benefit doesn’t qualify under the membership benefits exception. Benefits that could be exercised only a limited number of times might be discounted tickets for theatre productions that have a limited number of performances, or discounted admission to home athletics events of a team that only plays a limited number of home games. Discounts of this sort would not qualify as benefits that could be “frequently exercised” under this distinction. If it is determined that the event discounts don’t qualify as benefits that can be “frequently exercised” you would then need to add up the discounts for all the events for which the members might receive a discount (for themselves, and for guests, if the membership also entities them to a discount for a guest or guest). And, in that case, the restructuring proposal would be less advantageous. (Or, if the discounts said that members at the relevant level could get discounts for, say, 2 tickets to each of 3 events, or whatever, you would value the benefits accordingly—presumably using the highest-valued discounts, if they differ. That would depend on how the program is structured.) If the event discounts don’t qualify as benefits that could be “frequently exercised,” then they would be treated the same whether the membership level is $75 or $125, so the possible advantage of having a $75 level would have to be based on other benefits. My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://www.si.edu/> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Eric Valdescaro Sent: Tuesday, July 30, 2019 3:30 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Benefits for memberships To clarify, my suggestion was meant with the intention to modify their benefits to those to be frequently exercised – at least for the vast majority of supporters. Then incremental benefits for membership levels above $75 should be established such that they are more easily identified and have straightforward FMVs. But little of this matters unless they first consider reducing their supporter membership cost to $75. -Eric From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Hejnal, Alan Sent: Tuesday, July 30, 2019 2:39 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] Benefits for memberships On the point of benefits provided in return for cumulative giving, conceptually, you look at each gift as it is made. Suppose benefits are provided when cumulative giving reaches $125, as in your description. The donor, say, gives $50. No benefits are provided to the donor, so you would issue a receipt with the “no goods or services language.” The same for a second $50 gift. But if the donor makes a third $50 gift, they now qualify for the benefits, and the full value of the benefits would have to be disclosed. The complication—especially in circumstances where the value of the benefits is substantial, as seems likely in your example—the value of the benefits might exceed the value of the incremental gift that qualified the donor for the benefits. I’ve worked with cumulative giving programs, but not ones where the benefits were so significant that they were likely to exceed the value of the incremental gift that qualified the donor for the benefits. If I had to deal with that situation, I might explore with counsel to include language on the gifts that might contribute toward qualifying the donor for the benefits language like “No goods or services were provided in consideration of this gift. However, if cumulative giving reaches $125 during the fiscal year, the donor will receive benefits valued at $100.” That would tie together the receipts, so that the donor couldn’t just use the first two receipts in the example above and claim an inappropriately large deduction. This calls to mind another important characteristic of the cumulative-benefits programs that I’ve worked with in the past. Only gifts to certain designations qualified toward the membership (in one case, gifts to athletics). If the program were structured so that any gifts qualified toward the membership, such a disclaimer would presumably be required on every gift until the donor qualified for the benefits. I agree with John that it might better not to consider membership contributions to be charitable contributions at all, and that it might not matter to donors given the current high threshold on being able to benefit from itemizing deductions. I think that would be worth considering if, in fact, you are soliciting contributions for this membership program, and/or if only certain contributions designated for the membership program count toward the membership program. It wasn’t clear to me from your description whether all contributions might count toward qualifying for the benefits, however, which would complicate things, possibly making all gifts be considered non-deductible until the $125 threshold was reached? Eric’s thought about repositioning the qualifying level at $75 might be worth considering, but, since at least some of the benefits are not the sort of benefits that can be frequently-exercised, it might not be a great fit for your program.. Eric’s point about low-cost logo items is also worth considering, but it only applies when the low-cost articles are the only benefits being provided, which doesn’t seem to be the case. If you made the membership level $75 and all the benefits were either the privileges that could be frequently exercised or fit under the low-cost articles threshold? Maybe, but I’m not sure that would apply to all the benefits that you list. Based on the admittedly-limited information that we have, it seems like there are many complications with such a program, unless you only count gifts made specifically toward the program and consider them non-deductible because of the benefits. (It is probably also worth mentioning that, if gifts to the program are considered no-deductible, or all gifts up to $125 are considered non-deductible because of the benefits provide, you could not count alumni as donors based on such gifts, which might well affect alumni participation as measured by CASE’s Voluntary Support of Education Survey and the U.S. News rankings.) My US$0.02 worth; the usual disclaimers apply. Good luck! Alan Alan S. Hejnal Data Quality Manager Smithsonian Institution - Office of Advancement 600 Maryland Avenue SW, Suite 600E P.O. Box 37012, MRC 527 Washington, DC 20013-7012 •: 202-633-8754 | •: HejnalA@si.edu<mailto:HejnalA@si.edu> [SNAGHTML5cbfa34]<https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.si.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041337069&sdata=rT97j0M%2BwVpsYPr2KYgWVzNKSyhR4%2FDGyCGshqK4Dvw%3D&reserved=0> [AASP_FundSvcs_LOGO-01(040pct)(mark)] From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 4:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. Valdescaro Associate Vice President, Advancement Services Office | 808-376-7830 University of Hawai‘i Foundation<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041347065&sdata=0nc%2BENlkInXLG%2F6SyFwujq8KfK2FuIMfUbpCmL3uwbs%3D&reserved=0> 1314 South King Street, Suite B Honolulu, HI 96814 <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgoo.gl%2Fmaps%2Fn8uM1mFV5WS2&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041347065&sdata=sY8zo9CY14sQTO9UGZ%2BJhgzLG6%2BS9EIkp%2FzO4FjorKc%3D&reserved=0> Facebook<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.facebook.com%2FUniversityHawaiiFoundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041357056&sdata=K%2BImTXv9195QTzk3NDvKngsat0OCx5SM6KGLpTAlK6c%3D&reserved=0> • Twitter<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Ftwitter.com%2FUHawaiiFdn&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041357056&sdata=W3WbWHzL8ePhhtxzW%2FlwONEAnqf%2F%2FfPOjE9w7bVfOQo%3D&reserved=0> • LinkedIn<https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Funiversity-of-hawaii-foundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041367049&sdata=536zHgm3%2FgKsxuMb8YQGYHi5hsZ0fO9pg472bCkBb7U%3D&reserved=0> [University of Hawaii Foundation]<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041367049&sdata=rUsbm7FLpvBU5PME%2F35lzva%2BFQMtoSuds4uMAhFh4Zc%3D&reserved=0> FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>] On Behalf Of Jason Burdette Sent: Monday, July 29, 2019 10:33 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] Benefits for memberships Good afternoon, One of our units has begun a new contribution-based membership program. There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdar.uga.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cbd4325a59b6146b6d53608d7152450e1%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637001118041377047&sdata=VxvjqtjschRqjnU4Dawm7WLxeIEWPnTAs%2Fjtf0ZdojI%3D&reserved=0> [University of Georgia] This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited. This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 7.  Re: Benefits for memberships

    Posted 08-06-2019 04:58 PM
    Alan took the words out of my mouth - mostly :-). Best to offer at the $75 level. If only at higher membership levels, I needed to talk to the IRS. They stated much as Alan indicates that you must estimate based on actual use. What they insisted is that you identify a similar program (if not your own) where discounts are offered. You are supposed to determine the total discounts awarded through the program, and divide that value by the number of discount cards issued. That establishes an "average" benefit value. That must be subtracted from every membership payment as a QPQ - regardless of whether a member ever uses the discount (unless they refuse that benefit up-front). 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, Aug 6, 2019 at 5:50 PM Hejnal, Alan < 00000031f8bb5829-dmarc-request@listserv.fundsvcs.org> wrote: > I have seen membership programs structured such that the gift shop > discounts are provided at the $75 level. Then the next level is structured > as “all benefits provided at the $75 level plus…”. Then the analysis was > that those benefits could be disregarded because they were provided at the > $75 level. > > Otherwise, I’ve seen the recommendation that organizations estimate based > on surveys or other data about actual usage (their own or, for new > programs, that of peers). > > My US$0.02 worth; the usual disclaimers apply. > > > Alan > > > Sent from my mobile device; please excuse the inevitable > typing/autocorrect infelicities. > > On Aug 6, 2019, at 1:11 PM, Brown, Susan M <smbrown1@uif.uillinois.edu> > wrote: > > Thank you all for the great information below! I’m having trouble > addressing the reciprocal benefits and gift shop/café discounts many > memberships provide. No problem for the $75 and below memberships since > they can be disregarded, but once you get above that level it seems > impossible to assign even a good faith estimate of the fmv to the > reciprocal benefits through NARM, for example, or even gift shop/café > discounts. Apologizing in advance for this question, as I’m sure it’s > already been asked. > > > > Any advice on this piece specifically? > > > > Thanks, > > Susie > > > > *Susie Brown* > Director of Gift Administration > University of Illinois Foundation > *p *217.300.7000 // *f *217.333-5577 // *e *smbrown1@uif.uillinois.edu > > > > *From:* Advancement Services Discussion List < > FUNDSVCS@LISTSERV.FUNDSVCS.ORG> *On Behalf Of *John Taylor > *Sent:* Tuesday, July 30, 2019 3:21 AM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* Re: [FUNDSVCS] Benefits for memberships > > > > Eric's understanding of the law is similar to mine. > > > > For membership levels at $75 or below there is a wide range of benefits > that can be granted. Those are stated in IRS Publication 526. For > membership levels above that amount, all of the additional benefits awarded > must be valued for QPQ purposes. The discounted attendance will be a tough > one as you must assume the member will have the ability to attend *all* of > those events. The "free" stuff must be determined based on the FMV of > those items. And the exclusive opportunities will need to be calculated > based on each activity and what tangible benefit they receive. > > > > Of course, you can just forget trying to calculate any deduction. As only > 8% of taxpayers last year itemized their tax returns I doubt that many of > these people are really going to need a tax receipt. I bet you could offer > these memberships by marketing "all proceeds will benefit . . ." and you > will still get as many members as you would a promise of a $5 (or whatever) > tax deduction. > > > > 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 29, 2019 at 9:10 PM Eric Valdescaro < > Eric.Valdescaro@uhfoundation.org> wrote: > > Hi Jason, > > > > Great question and I’ve had to deal with this. It’s not easy to answer > and the IRS website doesn’t help much in my opinion. Essentially, > Insubstantial Benefits (those for which the full charitable donation may > remain eligible for a tax deduction) may include frequently exercised > membership rights and privileges offered to members in consideration of $75 > or less per year which may include things such as free/discounted admission > or parking or 10% discount from a gift shop etc. > > > > Since your support level starts at $125 it sounds like the only benefits > that would not reduce the full $125 from being charitable are any benefits > not included at the free level and for which the cumulative FMV does not > exceed 2% of $125 (unless they are name/logo items for which the annual > cumulative exemption may reach $11.10 for 2019). It may be easier and > wiser to have your support level start at $75 instead of $125. > > > > Welcoming additional information other listsers may have on this. > > > > -Eric > > > > > *Eric F. Valdescaro* > Associate Vice President, Advancement Services > > *Office* | 808-376-7830 > > *University of Hawai‘i Foundation* > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185492118&sdata=QkijQPYL04YhTRxIa0FM3ISPqWJ2oSpueheoTCS5maQ%3D&reserved=0> > 1314 South King Street, Suite B > Honolulu, HI 96814 > <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgoo.gl%2Fmaps%2Fn8uM1mFV5WS2&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185502112&sdata=jpS480ykeIispw96t9ZuX73x2DfknVk12yVCZhQ8d5M%3D&reserved=0> > Facebook > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.facebook.com%2FUniversityHawaiiFoundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185502112&sdata=X9%2FOgiExGU3rwUSDQhbxMIPIhG%2BD%2Bf3jCynBxSUbPWA%3D&reserved=0> • > Twitter > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Ftwitter.com%2FUHawaiiFdn&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185512106&sdata=18imXIpso5ivyOYRZubHWgOtKh61CNAQN7XDgWQCOyY%3D&reserved=0> • > LinkedIn > <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Funiversity-of-hawaii-foundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185512106&sdata=IodR0WUxRbi0N8T3ToAPQXDqEH3iGue4qLXvwklQaSU%3D&reserved=0> > > > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185522102&sdata=DI6XaS7LDaEdctU%2B0%2BJYFItgzQHAwbQgrdC2qUG24n4%3D&reserved=0>[image: > University of Hawaii Foundation] > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185522102&sdata=DI6XaS7LDaEdctU%2B0%2BJYFItgzQHAwbQgrdC2qUG24n4%3D&reserved=0> > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185532096&sdata=j0Fa0fUFXU30BUB5f953WYT9QaisoYcWuOZRGMmg1XU%3D&reserved=0> > > *FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE* > > > > > > *From:* Advancement Services Discussion List [mailto: > FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Jason Burdette > *Sent:* Monday, July 29, 2019 10:33 AM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* [FUNDSVCS] Benefits for memberships > > > > Good afternoon, > > > > One of our units has begun a new contribution-based membership program. > There is a “free” level that will give a member certain perks, but > supporters beginning at $125 in cumulative annual gifts to the unit will > earn additional perks including discounted attendance to events, free > items, and exclusive opportunities with unit staff. Valuing the benefits > will not be an easy task, but determining the gift that qualifies the donor > for a certain level will be even harder. > > > > Does anyone have experience or wisdom with properly receipting gifts that > result in cumulative annual giving benefits? > > > > I found several other membership conversations on the listserv, but I > didn’t see any with this specific question. Please excuse me if this is a > repeat. > > > > Many thanks, > Jason > > > > *Jason R. Burdette* > Gift Accounting > > UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 > 706-542-8160 <7065428160> | burdette@uga.edu | dar.uga.edu > <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdar.uga.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185532096&sdata=Dvkfgu9lbACdw9cSAIV4ZIc4RG5frDTfyydyBN1lgJ0%3D&reserved=0> > > <image001.png> > > > > This message (including any attachments) is covered by the Electronic > Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the > University of Hawaii Foundation. It may contain confidential information > intended for a specific individual and purpose. If you are not the > intended recipient, you must delete this message. You are hereby notified > that any disclosure, copying, or distribution of this message is > prohibited. > >


  • 8.  Re: Benefits for memberships

    Posted 08-06-2019 06:01 PM
    Thank you all for the great information below! I’m having trouble addressing the reciprocal benefits and gift shop/café discounts many memberships provide. No problem for the $75 and below memberships since they can be disregarded, but once you get above that level it seems impossible to assign even a good faith estimate of the fmv to the reciprocal benefits through NARM, for example, or even gift shop/café discounts. Apologizing in advance for this question, as I’m sure it’s already been asked. Any advice on this piece specifically? Thanks, Susie Susie Brown Director of Gift Administration University of Illinois Foundation p 217.300.7000 // f 217.333-5577 // e smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 3:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. Valdescaro Associate Vice President, Advancement Services Office | 808-376-7830 University of Hawai‘i Foundation<http://www.uhfoundation.org> 1314 South King Street, Suite B Honolulu, HI 96814 <https://goo.gl/maps/n8uM1mFV5WS2> Facebook<http://www.facebook.com/UniversityHawaiiFoundation> • Twitter<http://twitter.com/UHawaiiFdn> • LinkedIn<https://www.linkedin.com/company/university-of-hawaii-foundation> <http://www.uhfoundation.org/>[University of Hawaii Foundation]<http://www.uhfoundation.org/><http://www.uhfoundation.org/> FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>] On Behalf Of Jason Burdette Sent: Monday, July 29, 2019 10:33 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] Benefits for memberships Good afternoon, One of our units has begun a new contribution-based membership program. There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<http://dar.uga.edu/> [University of Georgia] This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 9.  Re: Benefits for memberships

    Posted 08-06-2019 08:50 PM
    I have seen membership programs structured such that the gift shop discounts are provided at the $75 level. Then the next level is structured as “all benefits provided at the $75 level plus…”. Then the analysis was that those benefits could be disregarded because they were provided at the $75 level. Otherwise, I’ve seen the recommendation that organizations estimate based on surveys or other data about actual usage (their own or, for new programs, that of peers). My US$0.02 worth; the usual disclaimers apply. Alan Sent from my mobile device; please excuse the inevitable typing/autocorrect infelicities. On Aug 6, 2019, at 1:11 PM, Brown, Susan M <smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu>> wrote: Thank you all for the great information below! I’m having trouble addressing the reciprocal benefits and gift shop/café discounts many memberships provide. No problem for the $75 and below memberships since they can be disregarded, but once you get above that level it seems impossible to assign even a good faith estimate of the fmv to the reciprocal benefits through NARM, for example, or even gift shop/café discounts. Apologizing in advance for this question, as I’m sure it’s already been asked. Any advice on this piece specifically? Thanks, Susie Susie Brown Director of Gift Administration University of Illinois Foundation p 217.300.7000 // f 217.333-5577 // e smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 3:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. Valdescaro Associate Vice President, Advancement Services Office | 808-376-7830 University of Hawai‘i Foundation<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185492118&sdata=QkijQPYL04YhTRxIa0FM3ISPqWJ2oSpueheoTCS5maQ%3D&reserved=0> 1314 South King Street, Suite B Honolulu, HI 96814 <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgoo.gl%2Fmaps%2Fn8uM1mFV5WS2&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185502112&sdata=jpS480ykeIispw96t9ZuX73x2DfknVk12yVCZhQ8d5M%3D&reserved=0> Facebook<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.facebook.com%2FUniversityHawaiiFoundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185502112&sdata=X9%2FOgiExGU3rwUSDQhbxMIPIhG%2BD%2Bf3jCynBxSUbPWA%3D&reserved=0> • Twitter<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Ftwitter.com%2FUHawaiiFdn&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185512106&sdata=18imXIpso5ivyOYRZubHWgOtKh61CNAQN7XDgWQCOyY%3D&reserved=0> • LinkedIn<https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Funiversity-of-hawaii-foundation&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185512106&sdata=IodR0WUxRbi0N8T3ToAPQXDqEH3iGue4qLXvwklQaSU%3D&reserved=0> <https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185522102&sdata=DI6XaS7LDaEdctU%2B0%2BJYFItgzQHAwbQgrdC2qUG24n4%3D&reserved=0>[University of Hawaii Foundation]<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185522102&sdata=DI6XaS7LDaEdctU%2B0%2BJYFItgzQHAwbQgrdC2qUG24n4%3D&reserved=0><https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.uhfoundation.org%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185532096&sdata=j0Fa0fUFXU30BUB5f953WYT9QaisoYcWuOZRGMmg1XU%3D&reserved=0> FOR OUR UNIVERSITY, OUR HAWAI‘I, OUR FUTURE From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>] On Behalf Of Jason Burdette Sent: Monday, July 29, 2019 10:33 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] Benefits for memberships Good afternoon, One of our units has begun a new contribution-based membership program. There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. Burdette Gift Accounting UGA Foundation | 394 S Milledge Ave | Athens, GA 30602 706-542-8160<tel:7065428160> | burdette@uga.edu<mailto:burdette@uga.edu> | dar.uga.edu<https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdar.uga.edu%2F&data=02%7C01%7CHejnalA%40SI.EDU%7Cd96bd45529ab43889d7708d71aa1f2e8%7C989b5e2a14e44efe93b78cdd5fc5d11c%7C0%7C0%7C637007155185532096&sdata=Dvkfgu9lbACdw9cSAIV4ZIc4RG5frDTfyydyBN1lgJ0%3D&reserved=0> <image001.png> This message (including any attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521. It is the property of the University of Hawaii Foundation. It may contain confidential information intended for a specific individual and purpose. If you are not the intended recipient, you must delete this message. You are hereby notified that any disclosure, copying, or distribution of this message is prohibited.


  • 10.  Re: Benefits for memberships

    Posted 08-06-2019 09:39 PM
    Great! Thanks to both of you, this is very helpful. Susie Susie Brown Director of Gift Administration University of Illinois Foundation p 217.300.7000 // f 217.333-5577 // e smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Tuesday, August 6, 2019 4:58 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Benefits for memberships Alan took the words out of my mouth - mostly :-). Best to offer at the $75 level. If only at higher membership levels, I needed to talk to the IRS. They stated much as Alan indicates that you must estimate based on actual use. What they insisted is that you identify a similar program (if not your own) where discounts are offered. You are supposed to determine the total discounts awarded through the program, and divide that value by the number of discount cards issued. That establishes an "average" benefit value. That must be subtracted from every membership payment as a QPQ - regardless of whether a member ever uses the discount (unless they refuse that benefit up-front). John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, Aug 6, 2019 at 5:50 PM Hejnal, Alan <00000031f8bb5829-dmarc-request@listserv.fundsvcs.org<mailto:00000031f8bb5829-dmarc-request@listserv.fundsvcs.org>> wrote: I have seen membership programs structured such that the gift shop discounts are provided at the $75 level. Then the next level is structured as “all benefits provided at the $75 level plus…”. Then the analysis was that those benefits could be disregarded because they were provided at the $75 level. Otherwise, I’ve seen the recommendation that organizations estimate based on surveys or other data about actual usage (their own or, for new programs, that of peers). My US$0.02 worth; the usual disclaimers apply. Alan Sent from my mobile device; please excuse the inevitable typing/autocorrect infelicities. On Aug 6, 2019, at 1:11 PM, Brown, Susan M <smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu>> wrote: Thank you all for the great information below! I’m having trouble addressing the reciprocal benefits and gift shop/café discounts many memberships provide. No problem for the $75 and below memberships since they can be disregarded, but once you get above that level it seems impossible to assign even a good faith estimate of the fmv to the reciprocal benefits through NARM, for example, or even gift shop/café discounts. Apologizing in advance for this question, as I’m sure it’s already been asked. Any advice on this piece specifically? Thanks, Susie Susie Brown Director of Gift Administration University of Illinois Foundation p 217.300.7000 // f 217.333-5577 // e smbrown1@uif.uillinois.edu<mailto:smbrown1@uif.uillinois.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Tuesday, July 30, 2019 3:21 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] Benefits for memberships Eric's understanding of the law is similar to mine. For membership levels at $75 or below there is a wide range of benefits that can be granted. Those are stated in IRS Publication 526. For membership levels above that amount, all of the additional benefits awarded must be valued for QPQ purposes. The discounted attendance will be a tough one as you must assume the member will have the ability to attend all of those events. The "free" stuff must be determined based on the FMV of those items. And the exclusive opportunities will need to be calculated based on each activity and what tangible benefit they receive. Of course, you can just forget trying to calculate any deduction. As only 8% of taxpayers last year itemized their tax returns I doubt that many of these people are really going to need a tax receipt. I bet you could offer these memberships by marketing "all proceeds will benefit . . ." and you will still get as many members as you would a promise of a $5 (or whatever) tax deduction. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Mon, Jul 29, 2019 at 9:10 PM Eric Valdescaro <Eric.Valdescaro@uhfoundation.org<mailto:Eric.Valdescaro@uhfoundation.org>> wrote: Hi Jason, Great question and I’ve had to deal with this. It’s not easy to answer and the IRS website doesn’t help much in my opinion. Essentially, Insubstantial Benefits (those for which the full charitable donation may remain eligible for a tax deduction) may include frequently exercised membership rights and privileges offered to members in consideration of $75 or less per year which may include things such as free/discounted admission or parking or 10% discount from a gift shop etc. Since your support level starts at $125 it sounds like the only benefits that would not reduce the full $125 from being charitable are any benefits not included at the free level and for which the cumulative FMV does not exceed 2% of $125 (unless they are name/logo items for which the annual cumulative exemption may reach $11.10 for 2019). It may be easier and wiser to have your support level start at $75 instead of $125. Welcoming additional information other listsers may have on this. -Eric Eric F. 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There is a “free” level that will give a member certain perks, but supporters beginning at $125 in cumulative annual gifts to the unit will earn additional perks including discounted attendance to events, free items, and exclusive opportunities with unit staff. Valuing the benefits will not be an easy task, but determining the gift that qualifies the donor for a certain level will be even harder. Does anyone have experience or wisdom with properly receipting gifts that result in cumulative annual giving benefits? I found several other membership conversations on the listserv, but I didn’t see any with this specific question. Please excuse me if this is a repeat. Many thanks, Jason Jason R. 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