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Good Morning, For the low cost article limit of $11.10 does this refer only to one item or could it be multiple items that their combined value is under the $11.10? Thanks Liz -- Liz Arizpe Director of Advancement Services Valparaiso University Advancement 1100 Campus Drive South Valparaiso, IN 46383 (Phone) 219-464-5610 *The information contained in this communication is confidential and is intended only for use by the addressee(s). Unauthorized review, use, disclosure or copying of this communication, or any part thereof, is strictly prohibited. If you have received this communication in error, please notify us immediately by return email and destroy this communication and all copies thereof, including all attachments.*

Thank you On Wed, Aug 7, 2019 at 12:59 PM John Taylor <johntaylorconsulting@gmail.com> wrote: > It is the combined value of all items bestowed upon the donor in response > to a single gift of $55.50 or more. > > 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 Wed, Aug 7, 2019 at 1:41 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: > >> Good Morning, >> >> For the low cost article limit of $11.10 does this refer only to one item >> or could it be multiple items that their combined value is under the $11.10? >> >> Thanks >> Liz >> >> -- >> Liz Arizpe >> Director of Advancement Services >> Valparaiso University >> Advancement >> 1100 Campus Drive South >> Valparaiso, IN 46383 >> (Phone) 219-464-5610 >> >> >> >> *The information contained in this communication is confidential and is >> intended only for use by the addressee(s). Unauthorized review, use, >> disclosure or copying of this communication, or any part thereof, is >> strictly prohibited. If you have received this communication in error, >> please notify us immediately by return email and destroy this communication >> and all copies thereof, including all attachments.* >> > -- Liz Arizpe Director of Advancement Services Valparaiso University Advancement 1100 Campus Drive South Valparaiso, IN 46383 (Phone) 219-464-5610 *The information contained in this communication is confidential and is intended only for use by the addressee(s). Unauthorized review, use, disclosure or copying of this communication, or any part thereof, is strictly prohibited. If you have received this communication in error, please notify us immediately by return email and destroy this communication and all copies thereof, including all attachments.*

So, could a donor make recurring payment to reach the total of $55.50 or more? On Wed, Aug 7, 2019 at 1:00 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: > Thank you > > On Wed, Aug 7, 2019 at 12:59 PM John Taylor < > johntaylorconsulting@gmail.com> wrote: > >> It is the combined value of all items bestowed upon the donor in response >> to a single gift of $55.50 or more. >> >> 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 Wed, Aug 7, 2019 at 1:41 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: >> >>> Good Morning, >>> >>> For the low cost article limit of $11.10 does this refer only to one >>> item or could it be multiple items that their combined value is under the >>> $11.10? >>> >>> Thanks >>> Liz >>> >>> -- >>> Liz Arizpe >>> Director of Advancement Services >>> Valparaiso University >>> Advancement >>> 1100 Campus Drive South >>> Valparaiso, IN 46383 >>> (Phone) 219-464-5610 >>> >>> >>> >>> *The information contained in this communication is confidential and is >>> intended only for use by the addressee(s). Unauthorized review, use, >>> disclosure or copying of this communication, or any part thereof, is >>> strictly prohibited. If you have received this communication in error, >>> please notify us immediately by return email and destroy this communication >>> and all copies thereof, including all attachments.* >>> >> > > -- > Liz Arizpe > Director of Advancement Services > Valparaiso University > Advancement > 1100 Campus Drive South > Valparaiso, IN 46383 > (Phone) 219-464-5610 > > > > *The information contained in this communication is confidential and is > intended only for use by the addressee(s). Unauthorized review, use, > disclosure or copying of this communication, or any part thereof, is > strictly prohibited. If you have received this communication in error, > please notify us immediately by return email and destroy this communication > and all copies thereof, including all attachments.* > -- Liz Arizpe Director of Advancement Services Valparaiso University Advancement 1100 Campus Drive South Valparaiso, IN 46383 (Phone) 219-464-5610 *The information contained in this communication is confidential and is intended only for use by the addressee(s). Unauthorized review, use, disclosure or copying of this communication, or any part thereof, is strictly prohibited. If you have received this communication in error, please notify us immediately by return email and destroy this communication and all copies thereof, including all attachments.*

It is the combined value of all items bestowed upon the donor in response to a single gift of $55.50 or more. 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 Wed, Aug 7, 2019 at 1:41 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: > Good Morning, > > For the low cost article limit of $11.10 does this refer only to one item > or could it be multiple items that their combined value is under the $11.10? > > Thanks > Liz > > -- > Liz Arizpe > Director of Advancement Services > Valparaiso University > Advancement > 1100 Campus Drive South > Valparaiso, IN 46383 > (Phone) 219-464-5610 > > > > *The information contained in this communication is confidential and is > intended only for use by the addressee(s). Unauthorized review, use, > disclosure or copying of this communication, or any part thereof, is > strictly prohibited. If you have received this communication in error, > please notify us immediately by return email and destroy this communication > and all copies thereof, including all attachments.* >

You know, when the IRS came up with these rules a gazillion years ago, recurring donations weren't a "thing." But while I have not seen a specific ruling on this from the IRS (which doesn't mean there hasn't been one - I just have not seen one), the general consensus is that recurring = installment. Meaning that it's the sum of all parts that trigger the guidelines. So, yes, in my book as long as the aggregated gift equals $55.50 then you can provide low-cost benefits as long as the combined value is at or below the $11.10 figure. 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 Wed, Aug 7, 2019 at 2:04 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: > So, could a donor make recurring payment to reach the total of $55.50 or > more? > > > > On Wed, Aug 7, 2019 at 1:00 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: > >> Thank you >> >> On Wed, Aug 7, 2019 at 12:59 PM John Taylor < >> johntaylorconsulting@gmail.com> wrote: >> >>> It is the combined value of all items bestowed upon the donor in >>> response to a single gift of $55.50 or more. >>> >>> 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 Wed, Aug 7, 2019 at 1:41 PM Liz Arizpe <Liz.Arizpe@valpo.edu> wrote: >>> >>>> Good Morning, >>>> >>>> For the low cost article limit of $11.10 does this refer only to one >>>> item or could it be multiple items that their combined value is under the >>>> $11.10? >>>> >>>> Thanks >>>> Liz >>>> >>>> -- >>>> Liz Arizpe >>>> Director of Advancement Services >>>> Valparaiso University >>>> Advancement >>>> 1100 Campus Drive South >>>> Valparaiso, IN 46383 >>>> (Phone) 219-464-5610 >>>> >>>> >>>> >>>> *The information contained in this communication is confidential and is >>>> intended only for use by the addressee(s). Unauthorized review, use, >>>> disclosure or copying of this communication, or any part thereof, is >>>> strictly prohibited. If you have received this communication in error, >>>> please notify us immediately by return email and destroy this communication >>>> and all copies thereof, including all attachments.* >>>> >>> >> >> -- >> Liz Arizpe >> Director of Advancement Services >> Valparaiso University >> Advancement >> 1100 Campus Drive South >> Valparaiso, IN 46383 >> (Phone) 219-464-5610 >> >> >> >> *The information contained in this communication is confidential and is >> intended only for use by the addressee(s). Unauthorized review, use, >> disclosure or copying of this communication, or any part thereof, is >> strictly prohibited. If you have received this communication in error, >> please notify us immediately by return email and destroy this communication >> and all copies thereof, including all attachments.* >> > > > -- > Liz Arizpe > Director of Advancement Services > Valparaiso University > Advancement > 1100 Campus Drive South > Valparaiso, IN 46383 > (Phone) 219-464-5610 > > > > *The information contained in this communication is confidential and is > intended only for use by the addressee(s). Unauthorized review, use, > disclosure or copying of this communication, or any part thereof, is > strictly prohibited. If you have received this communication in error, > please notify us immediately by return email and destroy this communication > and all copies thereof, including all attachments.* >

I am not seeing where it says you can sum all the payments. This reference mentions only "when the payment is at least $55.50." It does not say "the sum of all payments." Nonetheless, I agree with you! I just have not seen this clearly stated by the IRS (and this is not an IRS website although it does give you a link to the IRS). 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 Wed, Aug 7, 2019 at 2:06 PM Kerry Kavalo <KKavalo@orsymphony.org> wrote: > I believe it is the total for all items. This website lays it out nicely > with more links for reference: http://www.njnonprofits.org/giftsubs.html > > > > *From:* Advancement Services Discussion List [mailto: > FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Liz Arizpe > *Sent:* Wednesday, August 07, 2019 10:42 AM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* [FUNDSVCS] 2019 IRS Benefits limits - Question > > > > Good Morning, > > > > For the low cost article limit of $11.10 does this refer only to one item > or could it be multiple items that their combined value is under the $11.10? > > > > Thanks > > Liz > > > > -- > > Liz Arizpe > > Director of Advancement Services > > Valparaiso University > > Advancement > > 1100 Campus Drive South > > Valparaiso, IN 46383 > > (Phone) 219-464-5610 > > > > > *The information contained in this communication is confidential and is > intended only for use by the addressee(s). Unauthorized review, use, > disclosure or copying of this communication, or any part thereof, is > strictly prohibited. If you have received this communication in error, > please notify us immediately by return email and destroy this communication > and all copies thereof, including all attachments.* >

That one feels a bit wiggly because the future recurrences are not irrevocable. You're giving something in response to a gift of some dollar amount, and an unsubstantiated promise of some other dollar amount. If the recurring gift had no cancellation, it's a pledge, but if you can cancel freely, it's a gift intention at best. Thank you, Isaac Shalev CRM Expert Sage70, Inc. (917) 859-0151 isaac@sage70.com Schedule a *30-minute consultation *now: https://calendly.com/sage70/30min On Wed, Aug 7, 2019 at 2:14 PM John Taylor <johntaylorconsulting@gmail.com> wrote: > I am not seeing where it says you can sum all the payments. This > reference mentions only "when the payment is at least $55.50." It does not > say "the sum of all payments." Nonetheless, I agree with you! I just have > not seen this clearly stated by the IRS (and this is not an IRS website > although it does give you a link to the IRS). > > 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 Wed, Aug 7, 2019 at 2:06 PM Kerry Kavalo <KKavalo@orsymphony.org> > wrote: > >> I believe it is the total for all items. This website lays it out nicely >> with more links for reference: http://www.njnonprofits.org/giftsubs.html >> >> >> >> *From:* Advancement Services Discussion List [mailto: >> FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Liz Arizpe >> *Sent:* Wednesday, August 07, 2019 10:42 AM >> *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG >> *Subject:* [FUNDSVCS] 2019 IRS Benefits limits - Question >> >> >> >> Good Morning, >> >> >> >> For the low cost article limit of $11.10 does this refer only to one item >> or could it be multiple items that their combined value is under the $11.10? >> >> >> >> Thanks >> >> Liz >> >> >> >> -- >> >> Liz Arizpe >> >> Director of Advancement Services >> >> Valparaiso University >> >> Advancement >> >> 1100 Campus Drive South >> >> Valparaiso, IN 46383 >> >> (Phone) 219-464-5610 >> >> >> >> >> *The information contained in this communication is confidential and is >> intended only for use by the addressee(s). Unauthorized review, use, >> disclosure or copying of this communication, or any part thereof, is >> strictly prohibited. If you have received this communication in error, >> please notify us immediately by return email and destroy this communication >> and all copies thereof, including all attachments.* >> >

Issac, the response pertained to cumulative payments - not anticipated or future payments. You are correct in that providing benefits without cash-in-hand is problematic. Although many organizations will still provide whatever items based only on a pledge. That's their financial decision. But as long as the annual receipt reflecting the sum of all payments also reflects the value of those benefits as a reduction in the gift, then all is well. Of course, some organizations "beat" the QPQ issue entirely by clearly stating that "no gift is necessary" and provide the benefit based on a pledge only and without regard to any payment. But, again, that is their financial decision. 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 Wed, Aug 7, 2019 at 3:07 PM Isaac Shalev <isaac@sage70.com> wrote: > That one feels a bit wiggly because the future recurrences are not > irrevocable. You're giving something in response to a gift of some dollar > amount, and an unsubstantiated promise of some other dollar amount. If the > recurring gift had no cancellation, it's a pledge, but if you can cancel > freely, it's a gift intention at best. > > > Thank you, > Isaac Shalev > CRM Expert > Sage70, Inc. > (917) 859-0151 > isaac@sage70.com > > Schedule a *30-minute consultation *now: > https://calendly.com/sage70/30min > > > On Wed, Aug 7, 2019 at 2:14 PM John Taylor <johntaylorconsulting@gmail.com> > wrote: > >> I am not seeing where it says you can sum all the payments. This >> reference mentions only "when the payment is at least $55.50." It does not >> say "the sum of all payments." Nonetheless, I agree with you! I just have >> not seen this clearly stated by the IRS (and this is not an IRS website >> although it does give you a link to the IRS). >> >> 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 Wed, Aug 7, 2019 at 2:06 PM Kerry Kavalo <KKavalo@orsymphony.org> >> wrote: >> >>> I believe it is the total for all items. This website lays it out nicely >>> with more links for reference: http://www.njnonprofits.org/giftsubs.html >>> >>> >>> >>> *From:* Advancement Services Discussion List [mailto: >>> FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Liz Arizpe >>> *Sent:* Wednesday, August 07, 2019 10:42 AM >>> *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG >>> *Subject:* [FUNDSVCS] 2019 IRS Benefits limits - Question >>> >>> >>> >>> Good Morning, >>> >>> >>> >>> For the low cost article limit of $11.10 does this refer only to one >>> item or could it be multiple items that their combined value is under the >>> $11.10? >>> >>> >>> >>> Thanks >>> >>> Liz >>> >>> >>> >>> -- >>> >>> Liz Arizpe >>> >>> Director of Advancement Services >>> >>> Valparaiso University >>> >>> Advancement >>> >>> 1100 Campus Drive South >>> >>> Valparaiso, IN 46383 >>> >>> (Phone) 219-464-5610 >>> >>> >>> >>> >>> *The information contained in this communication is confidential and is >>> intended only for use by the addressee(s). Unauthorized review, use, >>> disclosure or copying of this communication, or any part thereof, is >>> strictly prohibited. If you have received this communication in error, >>> please notify us immediately by return email and destroy this communication >>> and all copies thereof, including all attachments.* >>> >>

Yes, in that case I'm in full agreement with you. Thank you, Isaac Shalev CRM Expert Sage70, Inc. (917) 859-0151 isaac@sage70.com Schedule a *30-minute consultation *now: https://calendly.com/sage70/30min On Wed, Aug 7, 2019 at 5:03 PM John Taylor <johntaylorconsulting@gmail.com> wrote: > Issac, the response pertained to cumulative payments - not anticipated or > future payments. > > You are correct in that providing benefits without cash-in-hand is > problematic. Although many organizations will still provide whatever items > based only on a pledge. That's their financial decision. But as long as > the annual receipt reflecting the sum of all payments also reflects the > value of those benefits as a reduction in the gift, then all is well. > > Of course, some organizations "beat" the QPQ issue entirely by clearly > stating that "no gift is necessary" and provide the benefit based on a > pledge only and without regard to any payment. But, again, that is their > financial decision. > > 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 Wed, Aug 7, 2019 at 3:07 PM Isaac Shalev <isaac@sage70.com> wrote: > >> That one feels a bit wiggly because the future recurrences are not >> irrevocable. You're giving something in response to a gift of some dollar >> amount, and an unsubstantiated promise of some other dollar amount. If the >> recurring gift had no cancellation, it's a pledge, but if you can cancel >> freely, it's a gift intention at best. >> >> >> Thank you, >> Isaac Shalev >> CRM Expert >> Sage70, Inc. >> (917) 859-0151 >> isaac@sage70.com >> >> Schedule a *30-minute consultation *now: >> https://calendly.com/sage70/30min >> >> >> On Wed, Aug 7, 2019 at 2:14 PM John Taylor < >> johntaylorconsulting@gmail.com> wrote: >> >>> I am not seeing where it says you can sum all the payments. This >>> reference mentions only "when the payment is at least $55.50." It does not >>> say "the sum of all payments." Nonetheless, I agree with you! I just have >>> not seen this clearly stated by the IRS (and this is not an IRS website >>> although it does give you a link to the IRS). >>> >>> 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 Wed, Aug 7, 2019 at 2:06 PM Kerry Kavalo <KKavalo@orsymphony.org> >>> wrote: >>> >>>> I believe it is the total for all items. This website lays it out >>>> nicely with more links for reference: >>>> http://www.njnonprofits.org/giftsubs.html >>>> >>>> >>>> >>>> *From:* Advancement Services Discussion List [mailto: >>>> FUNDSVCS@LISTSERV.FUNDSVCS.ORG] *On Behalf Of *Liz Arizpe >>>> *Sent:* Wednesday, August 07, 2019 10:42 AM >>>> *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG >>>> *Subject:* [FUNDSVCS] 2019 IRS Benefits limits - Question >>>> >>>> >>>> >>>> Good Morning, >>>> >>>> >>>> >>>> For the low cost article limit of $11.10 does this refer only to one >>>> item or could it be multiple items that their combined value is under the >>>> $11.10? >>>> >>>> >>>> >>>> Thanks >>>> >>>> Liz >>>> >>>> >>>> >>>> -- >>>> >>>> Liz Arizpe >>>> >>>> Director of Advancement Services >>>> >>>> Valparaiso University >>>> >>>> Advancement >>>> >>>> 1100 Campus Drive South >>>> >>>> Valparaiso, IN 46383 >>>> >>>> (Phone) 219-464-5610 >>>> >>>> >>>> >>>> >>>> *The information contained in this communication is confidential and is >>>> intended only for use by the addressee(s). Unauthorized review, use, >>>> disclosure or copying of this communication, or any part thereof, is >>>> strictly prohibited. If you have received this communication in error, >>>> please notify us immediately by return email and destroy this communication >>>> and all copies thereof, including all attachments.* >>>> >>>

I believe it is the total for all items. This website lays it out nicely with more links for reference: http://www.njnonprofits.org/giftsubs.html From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Liz Arizpe Sent: Wednesday, August 07, 2019 10:42 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] 2019 IRS Benefits limits - Question Good Morning, For the low cost article limit of $11.10 does this refer only to one item or could it be multiple items that their combined value is under the $11.10? Thanks Liz -- Liz Arizpe Director of Advancement Services Valparaiso University Advancement 1100 Campus Drive South Valparaiso, IN 46383 (Phone) 219-464-5610 The information contained in this communication is confidential and is intended only for use by the addressee(s). Unauthorized review, use, disclosure or copying of this communication, or any part thereof, is strictly prohibited. If you have received this communication in error, please notify us immediately by return email and destroy this communication and all copies thereof, including all attachments.