FundSvcs Community

Hi all, 

I know this has been discussed previously but I wanted to get clarity between the two scenarios below, with regard to what type of tax receipt or GIK letter to provide the donor, and any specific tax laws that apply if handy, to share with both our Finance Office and donors: 

A volunteer hosts a fundraising dinner at their home on behalf of our school; there was no charge to attendees

Scenario1:  after the event the school sends the volunteer an itemized list of event expenses and the volunteer sends the school a check for that amount; can we provide a standard tax receipt for the amount indicated in the documentation or can we only provide a GIK letter with no estimated value? 

Scenario 2: the volunteers pays for all of the expenses up front, shares an itemized list of those expenses with proof of payment with the school and would like a tax receipt. Can we provide a standard tax receipt for the amount indicated in the documentation or can we only provide a GIK letter with no estimated value? 

We get push back sometimes in these scenarios and would love to have the answers handy in one place. Much appreciated!

Hi all, 

I know this has been discussed previously but I wanted to get clarity between the two scenarios below, with regard to what type of tax receipt or GIK letter to provide the donor, and any specific tax laws that apply if handy, to share with both our Finance Office and donors: 

A volunteer hosts a fundraising dinner at their home on behalf of our school; there was no charge to attendees

Scenario1:  after the event the school sends the volunteer an itemized list of event expenses and the volunteer sends the school a check for that amount; can we provide a standard tax receipt for the amount indicated in the documentation or can we only provide a GIK letter with no estimated value? 

Scenario 2: the volunteers pays for all of the expenses up front, shares an itemized list of those expenses with proof of payment with the school and would like a tax receipt. Can we provide a standard tax receipt for the amount indicated in the documentation or can we only provide a GIK letter with no estimated value? 

We get push back sometimes in these scenarios and would love to have the answers handy in one place. Much appreciated!