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  • 1.  Qualified Sponsorships Payments and Ad purchases

    Posted 05-17-2023 08:37 AM

    Hello,

    We have a golf tournament coming up that allows for businesses to donate as sponsors. We are also selling ads that will be placed in the program. The sponsors will get acknowledged in the program and on the website as part of the sponsorship. My concern is, what if a company purchases a sponsorship and an advertisement? Does the purchase of the advertisement (even if they purchase it separately at a later date) negate the qualified sponsorship payment? I'm leaning towards no, it does not negate the qualified sponsorship but I'm not 100% sure. Curious to hear others thoughts on this.

    Thanks,
    Tioga



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    Tioga Anderson
    Director of Advancement Services
    East Stroudsburg University Foundation
    tanderson@esufoundation.org
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  • 2.  RE: Qualified Sponsorships Payments and Ad purchases

    Posted 05-17-2023 08:46 AM
    It does not negate the sponsorship. If you sell the ad space separately and not as a condition of gift you are fine.

    It is best to keep the two transactions entirely separate.

    John

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard