We received a call from an alumnus who wants to buy a foursome for our annual golf tournament, but wants to pay the country club directly so he can get reimbursed from his work.
We have been trying to figure out how this can be done and the only scenario we can come up with is have him pay the country club and ask them to credit our account to reduce the amount we would have to pay to hold the event. If he then gave us a receipt we could give him gift-in-kind credit? This is a net proceeds event where we pay all the bills first and if any money is leftover it goes to a scholarship.
Somehow this isn't sounding very clean to me, but there are greater minds than mine in this community (and thank you all because I always learn so much!!).
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Anne Dexter
Director, Advancement Services
Marist College
anne.dexter@marist.edu------------------------------