Posted on 16 July 2008
There are many fundraising events where business and/or individual sponsors play an important role. Here is a great question that we recently received on this topic:
What is the role of sponsors? Is the money raised through sponsors only used to help reach the goal or can some funds be used to help with running the [...]
Posted on 27 March 2008
There are so many aspects to planning a fundraising event. Determining the ticket price and what portion of the ticket is tax deductible for attendees is one of those many details.
Your article about determining the tax deductible portion of fundraising event tickets was very helpful. However, I’m wondering if any of the information you [...]
Posted on 01 August 2007
Recently The American Institute of Certified Public Accountants (AICPA) released additional guidelines regarding how charitable organizations report expenses related to fundraising efforts. These new guidelines cover three specific situations:
Nonprofit organizations (NPOs) reporting no fundraising expenses.
Should an NPO report amounts charged to the NPO by a professional fundraiser gross (as fundraising expenses) or net (as [...]
Posted on 20 March 2007
Non profit organizations that raise funds through events need to let attendees know the dollar amount of the event ticket that is tax deductible for IRS income tax reporting purposes.
Deciding what this amount should be can be a taxing problem (pardon the pun) for many groups, as the following question illustrates:
Where can I find out [...]
Posted on 06 October 2006
In a live teleseminar Chris Brisson, author of Raffle Secrets and I discussed the most frequently asked questions about raffles. This 14 minute excerpt from that interview covers these 5 popular questions about raffle fundraisers:
How far in advance should tickets be sold?
How do you decide on the price of the ticket?
How many tickets should you [...]