I have a quick follow-up question. We have a donor who attempted to make a donation to a fraternity chapter last year. I explained that we were unable to accept that donation for that purpose and offered alternatives. We went back and forth a couple of times, and he never accepted an alternative. He has now reached out again asking if this could be resolved for a donation this year.
I would like to send him the "official" IRS stance, but the link on the document is not valid. Does anyone know of an official government document/weblink that I can provide him to help him understand that I am not making this up?
Thanks!
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Courtney Sims
Bucknell University
courtney.sims@bucknell.edu------------------------------
Original Message:
Sent: 11-22-2024 02:44 PM
From: John Taylor
Subject: Fundraising for Greek Life
What matters from an IRS perspective is that you cannot make tax-deductible contributions to benefit social organizations.
You can contribute to support Greek facilities, but only if the College owns the facilities and is for College-owned infrastructure. For instance, at NC State we accepted donations to our Greek Village but only for streets, sidewalks, and lighting.
I have attached the original IRS stance on this topic.
John
John H. Taylor, PrincipalJohn H. Taylor Consulting, LLC
2604 Sevier Street
Durham, NC 27705
919.816.5903 (cell/text)
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