This was a good reminder to me and I sent out reminders to my team about it.
One of our fundraisers believes that these gift restrictions don't apply to giving circles, where if someone donates $1,000 they join the giving circle. John, is there anything to back that idea up?
------------------------------
Leslie Proudfoot
GRID Alternatives
lproudfoot@gridalternatives.org------------------------------
Original Message:
Sent: 10-11-2024 10:50 AM
From: John Taylor
Subject: 2025 IRS token item, etc. amounts
No, they have not. And I promise to publish them as soon as I receive the notice from the IRS.
It is a bit early for the IRS to send out these updates. Last year it was on November 9. The year before was in mid-October but the previous year it was in early November.
You are good to be looking! But it might be another month or so. It also might be next week :-).
John
John H. Taylor, PrincipalJohn H. Taylor Consulting, LLC
2604 Sevier Street
Durham, NC 27705
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
Original Message:
Sent: 10/11/2024 11:35:00 AM
From: Amanda Haney
Subject: 2025 IRS token item, etc. amounts
Happy Friday!
I've searched for the answer but have come up empty; has the IRS released the 2025 insubstantial benefit amount? Sorry, I may not be asking the right question but this is what I am referring to:
Thank you!
Amanda
Amanda L. Haney
Director of Gift & Data Management
Gift & Data Management
University Advancement I Elliott Alumni Center I 9 Edgewood Rd I Durham, NH 03824
Office: 603-862-2041 I amanda.haney@unh.edu
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