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  • 1.  Sponsorship QPQ

    Posted 02-14-2025 12:24 PM

    Is the following QPQ logic for sponsors receiving tickets in exchange for sponsorship correct?  Any input is greatly appreciated.

    1. The event is free to attend for all, with food and beverage provided (FMV: $30). Five attendees from the sponsoring company will attend.

      #1: Since the event is free to all, the FMV of the tangible benefits received by the sponsors (food, beverage, etc.) should be deducted from the sponsorship payment, provided it exceeds the 2% rule.

    2. The event is not free, and the ticket cost is $100. Sponsors will receive 5 tickets.

      #2: Deduct the $500 ticket cost (5 tickets x $100) from the sponsorship payment as QPQ.

    3. The event is not free, and the ticket cost is $100, with $25 of that amount going towards a scholarship. Sponsors will receive 5 tickets.

      #3: Should we deduct only the $75 portion of the ticket cost as QPQ, since $25 is a charitable contribution, or should we deduct the entire $100 ticket cost?



    ------------------------------
    Jeff Shin
    University Of San Diego
    shin@sandiego.edu
    ------------------------------


  • 2.  RE: Sponsorship QPQ

    Posted 02-14-2025 01:24 PM
    1. When you say "free to attend for all," does that mean anyone can walk in off the street and have a meal? If so, then there is no QPQ. Otherwise, I'd agree that the sponsor would not get any free meals if they didn't pay, and there is a $150 QPQ.
    2. Correct - unless the sponsor tells you in advance they are sending just one (or less than five) representative.
    3. Only the $75 is a quid. John
    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


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