FundSvcs Community

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Thanks Issac. Yes, we still receipt all events and note that there is no charitable component on the receipt. But am I ok to set a set a general rule for our Org that says unless you set the ticket price high enough to warrant it ($100 or move above FMV), we'll treat the event as proceeds to benefit event and issues receipts noting the $0 deductible amount? If I believe the ticket price is above FMV by any amount, no matter how minuscule, are we obligated to treat it as charitable and issue a receipt? Say an event cost $150 to attend - costs about $70 per person for the entire event, plus a ~$15 giveaway. To me the FMV of this ticket is $115 ($70 per person, but a fair market transaction would aim to make a profit so call it $100 to attend plus the $15 giveaway). If you can reasonably argue that $115 is the FMV, you could just as easily argue that $150 is a reasonable fair market price and set the charitable amount to $0. The price should be at least $215 to be worth treating them all as charitable donations.

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Original Message:
Sent: 07-16-2025 08:43 AM
From: Isaac Shalev
Subject: Events - Charitable Portion Minimum

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Thanks Issac. Yes, we still receipt all events and note that there is no charitable component on the receipt. But am I ok to set a set a general rule for our Org that says unless you set the ticket price high enough to warrant it ($100 or move above FMV), we'll treat the event as proceeds to benefit event and issues receipts noting the $0 deductible amount? If I believe the ticket price is above FMV by any amount, no matter how minuscule, are we obligated to treat it as charitable and issue a receipt? Say an event cost $150 to attend - costs about $70 per person for the entire event, plus a ~$15 giveaway. To me the FMV of this ticket is $115 ($70 per person, but a fair market transaction would aim to make a profit so call it $100 to attend plus the $15 giveaway). If you can reasonably argue that $115 is the FMV, you could just as easily argue that $150 is a reasonable fair market price and set the charitable amount to $0. The price should be at least $215 to be worth treating them all as charitable donations.

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org

Original Message:
Sent: 07-16-2025 08:43 AM
From: Isaac Shalev
Subject: Events - Charitable Portion Minimum

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Ok we currently have events where just buying a ticket to golf or attend is treated as "proceeds to benefit" and they receive a receipt thanking them for signing up and supporting the program/fund it benefits, and it notes that there is no charitable component. However, sponsorships are also available to purchase and they are treated as charitable, less the number of golf tickets (if any) that they receive with the sponsorship. Anyone who registers is also prompted to make an additional charitable contribution. Is there any issue with this setup?

Thanks for the insights.

Thanks Issac. Yes, we still receipt all events and note that there is no charitable component on the receipt. But am I ok to set a set a general rule for our Org that says unless you set the ticket price high enough to warrant it ($100 or move above FMV), we'll treat the event as proceeds to benefit event and issues receipts noting the $0 deductible amount? If I believe the ticket price is above FMV by any amount, no matter how minuscule, are we obligated to treat it as charitable and issue a receipt? Say an event cost $150 to attend - costs about $70 per person for the entire event, plus a ~$15 giveaway. To me the FMV of this ticket is $115 ($70 per person, but a fair market transaction would aim to make a profit so call it $100 to attend plus the $15 giveaway). If you can reasonably argue that $115 is the FMV, you could just as easily argue that $150 is a reasonable fair market price and set the charitable amount to $0. The price should be at least $215 to be worth treating them all as charitable donations.

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org

Original Message:
Sent: 07-16-2025 08:43 AM
From: Isaac Shalev
Subject: Events - Charitable Portion Minimum

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Ok we currently have events where just buying a ticket to golf or attend is treated as "proceeds to benefit" and they receive a receipt thanking them for signing up and supporting the program/fund it benefits, and it notes that there is no charitable component. However, sponsorships are also available to purchase and they are treated as charitable, less the number of golf tickets (if any) that they receive with the sponsorship. Anyone who registers is also prompted to make an additional charitable contribution. Is there any issue with this setup?

Thanks for the insights.

Thanks Issac. Yes, we still receipt all events and note that there is no charitable component on the receipt. But am I ok to set a set a general rule for our Org that says unless you set the ticket price high enough to warrant it ($100 or move above FMV), we'll treat the event as proceeds to benefit event and issues receipts noting the $0 deductible amount? If I believe the ticket price is above FMV by any amount, no matter how minuscule, are we obligated to treat it as charitable and issue a receipt? Say an event cost $150 to attend - costs about $70 per person for the entire event, plus a ~$15 giveaway. To me the FMV of this ticket is $115 ($70 per person, but a fair market transaction would aim to make a profit so call it $100 to attend plus the $15 giveaway). If you can reasonably argue that $115 is the FMV, you could just as easily argue that $150 is a reasonable fair market price and set the charitable amount to $0. The price should be at least $215 to be worth treating them all as charitable donations.

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org

Original Message:
Sent: 07-16-2025 08:43 AM
From: Isaac Shalev
Subject: Events - Charitable Portion Minimum

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------

Ok we currently have events where just buying a ticket to golf or attend is treated as "proceeds to benefit" and they receive a receipt thanking them for signing up and supporting the program/fund it benefits, and it notes that there is no charitable component. However, sponsorships are also available to purchase and they are treated as charitable, less the number of golf tickets (if any) that they receive with the sponsorship. Anyone who registers is also prompted to make an additional charitable contribution. Is there any issue with this setup?

Thanks for the insights.

Thanks Issac. Yes, we still receipt all events and note that there is no charitable component on the receipt. But am I ok to set a set a general rule for our Org that says unless you set the ticket price high enough to warrant it ($100 or move above FMV), we'll treat the event as proceeds to benefit event and issues receipts noting the $0 deductible amount? If I believe the ticket price is above FMV by any amount, no matter how minuscule, are we obligated to treat it as charitable and issue a receipt? Say an event cost $150 to attend - costs about $70 per person for the entire event, plus a ~$15 giveaway. To me the FMV of this ticket is $115 ($70 per person, but a fair market transaction would aim to make a profit so call it $100 to attend plus the $15 giveaway). If you can reasonably argue that $115 is the FMV, you could just as easily argue that $150 is a reasonable fair market price and set the charitable amount to $0. The price should be at least $215 to be worth treating them all as charitable donations.

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org

Original Message:
Sent: 07-16-2025 08:43 AM
From: Isaac Shalev
Subject: Events - Charitable Portion Minimum

Original Message:
Sent: 7/15/2025 8:14:00 PM
From: Tioga Anderson
Subject: Events - Charitable Portion Minimum

Hello,

Do any of you have rules/guidelines for events on when issuing charitable receipts are warranted? We've had events in the past where we've been sending receipts noting charitable portions of less than $50, and in many cases less than $10. The $10 and under I've already eliminated and just said we're treating them as non charitable. I'd like to say that Advancement Services will only go through the legwork required to calculate FMV and set up the receipting if you expect the charitable portion will be $100 or greater. Just curious if others have rules/guidelines like this.

Thanks

------------------------------
Tioga Anderson
East Stroudsburg University Foundation
tanderson@esufoundation.org
------------------------------