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  • 1.  Quid Quo Pro Limitations

    Posted 08-04-2023 12:24 PM

    I've been looking through my notes and online (even IRS site) with no luck.

     

    What are the limitations set by the IRS? I know the gift received has a minimum amount set, and the exchange also has a dollar and percentage set to not exceed the lowest of the two. Just can't remember what they are or locate them.

     

    I appreciate it. Thank you.

     

    Denise Mattie

    Director of Advancement Services

    T: 325.793.4750   |   M: 720.480.9369   |   mattie.denise@mcm.edu

    Institutional Advancement

    1 McMurry University

    #938

    Abilene, TX 79697

    give.mcm.edu

    McMurry University

    1400 Sayles Blvd.

    Abilene, TX 79697

    www.mcm.edu

       

     

     



  • 2.  RE: Quid Quo Pro Limitations

    Posted 08-04-2023 12:34 PM
    There are two sets of rules:

    Insubstantial benefits with a combined value of $12.50 or less with your name or logo can be given for minimum donations of $62.50.

    For more substantial benefits the limit is $125 or 2% of the amount given, whichever is LESS. These benefits cannot be given in exchange for gifts from DAFs or private foundations.

    These limits change annually.

    John

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard



    Original Message


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