FundSvcs Community

Amy,

Can we clarify a similar situation? A donor sponsors an event, waives the benefit so that the full amount of the donation is directed to the event. They then pay for the catering costs of the benefit. In their eyes they view this as providing more support. 

The donation is paid by the donor (individual or business), not via a DA or an IRA or a Foundation. 

My research links bifurcation to DAs specifically, but my search was not exhaustive.

Thank you,

Maureen

Amy,

Can we clarify a similar situation? A donor sponsors an event, waives the benefit so that the full amount of the donation is directed to the event. They then pay for the catering costs of the benefit. In their eyes they view this as providing more support. 

The donation is paid by the donor (individual or business), not via a DA or an IRA or a Foundation. 

My research links bifurcation to DAs specifically, but my search was not exhaustive.

Thank you,

Maureen

John,

Not a broken record at all! 

I should have included more details.

In these situations, the individual makes a gift to UMW in the amount of the cost of their dinner. They do not pay dining services or any other vendor. Occasionally this happens for an event not associated with a sponsorship, but more frequently the individual/business sponsor wants to cover their dinner costs rather than accept them as a benefit of the sponsorship.

My question is: can a sponsoring individual/business make a cash contribution to UMW to cover the cost of a benefit (meal) associated with a sponsorship? Payment is not via DA, QCD or Foundation funds. 

Amy,

Can we clarify a similar situation? A donor sponsors an event, waives the benefit so that the full amount of the donation is directed to the event. They then pay for the catering costs of the benefit. In their eyes they view this as providing more support. 

The donation is paid by the donor (individual or business), not via a DA or an IRA or a Foundation. 

My research links bifurcation to DAs specifically, but my search was not exhaustive.

Thank you,

Maureen

John,

Not a broken record at all! 

I should have included more details.

In these situations, the individual makes a gift to UMW in the amount of the cost of their dinner. They do not pay dining services or any other vendor. Occasionally this happens for an event not associated with a sponsorship, but more frequently the individual/business sponsor wants to cover their dinner costs rather than accept them as a benefit of the sponsorship.

My question is: can a sponsoring individual/business make a cash contribution to UMW to cover the cost of a benefit (meal) associated with a sponsorship? Payment is not via DA, QCD or Foundation funds. 

Amy,

Can we clarify a similar situation? A donor sponsors an event, waives the benefit so that the full amount of the donation is directed to the event. They then pay for the catering costs of the benefit. In their eyes they view this as providing more support. 

The donation is paid by the donor (individual or business), not via a DA or an IRA or a Foundation. 

My research links bifurcation to DAs specifically, but my search was not exhaustive.

Thank you,

Maureen

John,

Not a broken record at all! 

I should have included more details.

In these situations, the individual makes a gift to UMW in the amount of the cost of their dinner. They do not pay dining services or any other vendor. Occasionally this happens for an event not associated with a sponsorship, but more frequently the individual/business sponsor wants to cover their dinner costs rather than accept them as a benefit of the sponsorship.

My question is: can a sponsoring individual/business make a cash contribution to UMW to cover the cost of a benefit (meal) associated with a sponsorship? Payment is not via DA, QCD or Foundation funds. 

Amy,

Can we clarify a similar situation? A donor sponsors an event, waives the benefit so that the full amount of the donation is directed to the event. They then pay for the catering costs of the benefit. In their eyes they view this as providing more support. 

The donation is paid by the donor (individual or business), not via a DA or an IRA or a Foundation. 

My research links bifurcation to DAs specifically, but my search was not exhaustive.

Thank you,

Maureen

Hello,

We recently received a sponsorship payment via DAF. We were not aware this would be their payment method until the check arrived. In speaking with the donor regarding the benefits available at this sponsorship level, they declined some of the benefits (tickets to the event, promo item at the event) but accepted other insubstantial benefits (logo/name on event website and materials). Is this ok with a DAF payment, to accept the insubstantial benefits but decline the substantial benefits? The donor stated they made the gift for charity and expect no goods and services in return. 

Per John's message above, it is stated they can serve as sponsors but they must waive ALL benefits. So curious how to handle our scenario with some accepted and some waived. Also, would it be best practice to reach out to the DAF to be sure they're ok with the payment being used in this way and using the org's name/logo (not the DAF) on the event website and materials, since legally it's the DAF's money? Any advice would be appreciated!

Thank you,

Erica