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  • 1.  GIK - Restaurant Comp Meals

    Posted 10-30-2024 11:49 AM

    Hello -  If a restaurant is sponsoring/comp'ing meals for an event, are they entitled to a GIK donation?  Would it be for their cost of the meal, not market value?  Help!

    Thank you, 



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    Holley Nielsen
    Utah Valley University
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  • 2.  RE: GIK - Restaurant Comp Meals

    Posted 10-30-2024 11:56 AM
    Your receipt to them should not include any mention of a dollar amount. It should only reflect what they provided and a headcount. They will need to determine what portion is deductible.

    Generally, the only deductible portion is the value of the food. Services (preparation and delivery) are excluded.

    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






  • 3.  RE: GIK - Restaurant Comp Meals

    Posted 10-30-2024 12:00 PM

    Thank you, John. Have a great day! 



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    Holley Nielsen
    Utah Valley University
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