Per the fundraiser, "During the men's and women's basketball games, a "fan of the game" is chosen. That fan receives a gift card to purchase 2 foursomes at the Golf Course."
With this clarification it's my understanding that this still falls under the "partial interest" category, correct?
Thank you,
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Melissa Workman
California Baptist University
mworkman@calbaptist.edu------------------------------
Original Message:
Sent: 09-11-2023 06:57 PM
From: John Taylor
Subject: In Kind
No gift. The donor is giving you free use of their facilities. This is called "partial interest" in IRS lingo and is described in IRS Publication 526.
This is certainly something worthy of donor recognition - but is not a deductible or countable gift.
John
John H. Taylor
Principal
John H. Taylor Consulting, LLC
2604 Sevier St.
Durham, NC 27705
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
Original Message:
Sent: 9/11/2023 7:54:00 PM
From: Melissa Workman
Subject: RE: In Kind
Hello,
A golf course business is offering free access to use the course and driving range for a specific number of times per/week and month in addition to gift cards for the business. This is a sponsorship with signage and other promotion benefits. Is there any portion of this that can be counted as a gift in kind? Can you also point me to any documentation that supports your reasoning?
Thank you,
------------------------------
Melissa Workman
California Baptist University
mworkman@calbaptist.edu
Original Message:
Sent: 09-11-2023 02:21 PM
From: John Taylor
Subject: In Kind
Do not fill out or sign. This is a service donation and not a tax-deductible gift. You can thank them for the fee reduction but not mention an amount or the fact it is a "gift."
John
John H. Taylor
Principal
John H. Taylor Consulting, LLC
2604 Sevier St.
Durham, NC 27705
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
Original Message:
Sent: 9/11/2023 2:55:00 PM
From: Anne Pires
Subject: In Kind
Hello,
A motivational speaker is speaking for a reduced fee at a conference my organization is putting on. My understanding is that this is not a tax deductible in-kind gift, however they have asked us to fill out and in-kind donation receipt form which states a dollar value for the donated speaker services. Is this something we should be filling out and signing?
Thank you,
Annie
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Anne Pires
Year Up
apires@yearup.org
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