FundSvcs Community

We have a donor who is the President and CEO of a luxery resort that would like to receive GIK credit for hosting one of our event at their resort.  Below is the  invoice they provided that they waived. Our development officer would like for us to credit this donor the total amount of the invoice as GIK.  

Wouldn't part of this invoice, specifically the room rental, be considered partial interest and servcies that we cannot deduct according to IRS Publication 526 and are not countable in fundraising reports per CASE guidelines? Or, can we process the entire invoice amount as a bargain sale since we would have paid the full amount if the donor had not offered the discount?

Thank you in advance

We have a donor who is the President and CEO of a luxery resort that would like to receive GIK credit for hosting one of our event at their resort.  Below is the  invoice they provided that they waived. Our development officer would like for us to credit this donor the total amount of the invoice as GIK.  

Wouldn't part of this invoice, specifically the room rental, be considered partial interest and servcies that we cannot deduct according to IRS Publication 526 and are not countable in fundraising reports per CASE guidelines? Or, can we process the entire invoice amount as a bargain sale since we would have paid the full amount if the donor had not offered the discount?

Thank you in advance