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John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443

John is correct and – according to the IRS – PAC disbursements are not tax-deductible gifts. They are actually an exchange transaction if you really think about it. An employee might voluntarily contribution to their employer's Political Action Committee fund and in exchange can request that a distribution in the same amount be made to the charity of their choice.  That disbursement would not happen, however, without having been triggered by the non-tax-deductible deposit into their PAC fund. Not at all a voluntary payment from the PAC.  PAC "matching" funds, as it stands right now, technically shouldn't be recorded or reported as "charitable" revenue though I wouldn't be surprised in the least if organizations continue to process them in this manner. 

In the past, before many of us became more aware of the IRS constraints, it was common practice to simply deposit those funds as "matching gifts" and perhaps give soft credit to the employee who was the initiating source of the funds.  If I recall correctly, Mr. Taylor indicated he might consider incorporating discussions of how we might count crediting of these constituents in the next CASE standards?  Yes? No? I think it would be worth having that discussion as well as counting donors who initiate gifts through DAFs and Private Foundations, too.

Anyway, the specific IRS publication which reviews questions around PAC distributions is https://www.irs.gov/pub/irs-tege/gcm39877.pdf if that helps. I still believe that funds can be charitable in nature without necessarily being 'tax-deductible' though that is a far larger and more philosophical discussion...  :-D

With best regards,

Amy

Amy J. Phillips
Data Integrity/Quality Assurance
Children's Hospital Foundation
Children's National Health System
801 Roeder Road, Suite 650
Silver Spring, MD  20910
Direct: 301-565-8443