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  • 1.  Gift in Kind Question

    Posted 13 days ago

    Happy Wednesday! 

    I'm fielding a question about what can be counted as a gift in kind, and receipted to the donor, for catering an event.  While the services provided in catering cannot be counted nor are they tax deductible, I believe that the cost of the food being prepared would be eligible for a charitable deduction for the caterer.  

    Since it is up to the donor to determine the value of their gift, can a typical tax receipt (no mention of value) be issued?  Should the description of the gift be limited to "cost of food"?

    Thanks everyone!



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    Dale Hailey
    Sutter Health Philanthropy
    dale.hailey@sutterhealth.org
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  • 2.  RE: Gift in Kind Question

    Posted 13 days ago
    You are generally correct. The service component of the gift is not deductible and should not be included in fundraising totals.

    Your receipt does not even need to mention "cost of food." It can say something like, "Thanks to XYZ Caterers for providing all food, drink, and services for our special event attended by NN individuals. We did not provide XYZ Caterers with any goods, services, or advertising in exchange."

    But do be careful about that advertising bit. Any promotional language you use in thanking the donor will negate any gift component.

    John

    John Taylor Principal, John H. Taylor Consulting, LLC 919.816.5903 Big ideas; small keyboard





  • 3.  RE: Gift in Kind Question

    Posted 13 days ago
    Thanks so much John.  I appreciate the guidance.

    Best, Dale



    Original Message


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