We are offering a sponsorship package to an upcoming event that include two tickets to the dinner that will take place at the event. along with other intangibles like having the sponsor name appear in the program. Sponsors know that their sponsorship donation will be reduced by the FMV of the two tickets to dinner.
A group of people have come forward and said they would like to 'chip in' and collectively make online donations totaling the amount of the sponsorship. We don't know how many people from this group will actually make a gift, and the amount of each member would vary according to what they could afford. The members of the group will decide who among them actually gets the two tickets once their total donations reach the sponsorship level.
We're trying to figure out how to apportion the FMV for the two tickets among each of the donors. One proposal is to assess each donor a fraction of the FMV based on what fraction of the full sponsor package price their gift represents, but never having done this before we don't know if there is a better way to do this.
Does anyone have experience with a situation like this and suggestions how we ought to proceed?
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Aimee Holland
Alameda Health System Foundation
aholland@alamedahealthsystem.org------------------------------