FundSvcs Community

Hello - 

We are working with a company to request a gift in kind of POS systems (hardware). It has been mentioned the company may waive the subscription fee needed to use the systems. I do not believe this fee can be a part of the donation's value. I cannot find the rationale for this, but I read pg. 30 of CASE Global Reporting Standards, which states highly developed/customized software could be counted. Is there something I can reference to learn more about software subscription fees? Can this fee be included in the gift in kind value? 

I suggest the university pay the subscription fee, and the company donates to the university, allowing the university to count this as a cash gift.

------------------------------
Tracy Forkin
Director of Stewardship & Donor Engagement
Johnson & Wales University
tracy.forkin@jwu.edu
------------------------------

Original Message:
Sent: 8/8/2022 2:57:00 PM
From: Tracy Forkin
Subject: Software subscription fee

Hello - 

We are working with a company to request a gift in kind of POS systems (hardware). It has been mentioned the company may waive the subscription fee needed to use the systems. I do not believe this fee can be a part of the donation's value. I cannot find the rationale for this, but I read pg. 30 of CASE Global Reporting Standards, which states highly developed/customized software could be counted. Is there something I can reference to learn more about software subscription fees? Can this fee be included in the gift in kind value? 

I suggest the university pay the subscription fee, and the company donates to the university, allowing the university to count this as a cash gift.

------------------------------
Tracy Forkin
Director of Stewardship & Donor Engagement
Johnson & Wales University
tracy.forkin@jwu.edu
------------------------------

Original Message:
Sent: 8/8/2022 3:07:00 PM
From: John H. Taylor
Subject: RE: Software subscription fee

The software CASE talks about is when a developer gives you the IP or ownership of the software.  You left out the quote from that page that mentions this donated software is "highly developed / customized for the institution."

Subscription fees equate to the "use" of software - or partial interest.  These are not deductible per the IRS or countable per CASE (as the first part of the page 30 reference states).

John

John H. Taylor

Principal

John H. Taylor Consulting, LLC

2604 Sevier St.

Durham, NC   27705

johntaylorconsulting@gmail.com

919.816.5903 (cell/text)

Serving the Advancement Community Since 1987

Original Message:
Sent: 8/8/2022 2:57:00 PM
From: Tracy Forkin
Subject: Software subscription fee

Hello - 

We are working with a company to request a gift in kind of POS systems (hardware). It has been mentioned the company may waive the subscription fee needed to use the systems. I do not believe this fee can be a part of the donation's value. I cannot find the rationale for this, but I read pg. 30 of CASE Global Reporting Standards, which states highly developed/customized software could be counted. Is there something I can reference to learn more about software subscription fees? Can this fee be included in the gift in kind value? 

I suggest the university pay the subscription fee, and the company donates to the university, allowing the university to count this as a cash gift.

------------------------------
Tracy Forkin
Director of Stewardship & Donor Engagement
Johnson & Wales University
tracy.forkin@jwu.edu
------------------------------

Original Message:
Sent: 8/8/2022 3:13:00 PM
From: Tracy Forkin
Subject: RE: Software subscription fee

That's what I thought. Thanks, John.

 

Best regards,

 

Tracy

 

Original Message:
Sent: 8/8/2022 3:07:00 PM
From: John H. Taylor
Subject: RE: Software subscription fee

The software CASE talks about is when a developer gives you the IP or ownership of the software.  You left out the quote from that page that mentions this donated software is "highly developed / customized for the institution."

Subscription fees equate to the "use" of software - or partial interest.  These are not deductible per the IRS or countable per CASE (as the first part of the page 30 reference states).

John

John H. Taylor

Principal

John H. Taylor Consulting, LLC

2604 Sevier St.

Durham, NC   27705

johntaylorconsulting@gmail.com

919.816.5903 (cell/text)

Serving the Advancement Community Since 1987

Original Message:
Sent: 8/8/2022 2:57:00 PM
From: Tracy Forkin
Subject: Software subscription fee

Hello - 

We are working with a company to request a gift in kind of POS systems (hardware). It has been mentioned the company may waive the subscription fee needed to use the systems. I do not believe this fee can be a part of the donation's value. I cannot find the rationale for this, but I read pg. 30 of CASE Global Reporting Standards, which states highly developed/customized software could be counted. Is there something I can reference to learn more about software subscription fees? Can this fee be included in the gift in kind value? 

I suggest the university pay the subscription fee, and the company donates to the university, allowing the university to count this as a cash gift.

------------------------------
Tracy Forkin
Director of Stewardship & Donor Engagement
Johnson & Wales University
tracy.forkin@jwu.edu
------------------------------