Notices



Reply
 
LinkBack Thread Tools Display Modes

Old 07-18-2008, 08:19 AM   #1 (permalink)
Junior Member

Join Date: Sep 2007
Location: Boston, MA
Posts: 12
Rep Power: 0 Gfeliciano is on a distinguished road

Blackbaud Products
- Raiser's Edge (RE)
- NetCommunity (BBNC)
- Blackbaud Analytics/Researcher's Edge (BBA/TRE)

Gifts for 3rd Party Events

A 3rd party event coordinator sends a check for $5,000 (this is the amount raised minus expenses) with a list of donors and the amount they gave individually which totals roughly about $7,000. The event coordinator has asked that each individual donor receive an acknowledgement for their gift.

If we enter each person into RE with their gift amount, the total will be more than the check amount. Has anyone had to deal with this type of issue?
__________________
Glenda Feliciano
Development Services Officer
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Sponsored links

Old 07-18-2008, 09:04 AM   #2 (permalink)
my feet hurt.

Melissa Siobhan's Avatar

Join Date: May 2006
Location: Connecticut
Posts: 1,472
Rep Power: 4 Melissa Siobhan is on a distinguished road

Blackbaud Products
- Raiser's Edge (RE)

If the check they gave you is a personal check from an individual or a business they (and not the other individuals) are the legal donor and the only one you can send a tax receipt to. You can search the archives at www.fundsvcs.org where we discuss these legal receipting issues all the time. If you wish to soft credit these people and send them a letter of thanks you can do that. Soft crediting allows you to soft credit multiple people and the total of multiple soft credits can go over the original gift amount.

Even if you had gotten the actual checks from the individuals - if this was an event where people bought tickets and got dinner or some other benefits in return you would need to issue Quid Pro Quo receipts telling them only the part above the value of the benefits would be a tax deductible gift.

In this case you likely need some kind of instruction sheet for 3rd party event holders telling them how to peoperly process gifts if they want the individuals donating to get a tax deduction - if they do then all checks need to be made out to your org directly.
__________________
Melissa S. Graves

Director of Development Services
The Village for Families and Children
www.villageforchildren.org



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote

Old 07-21-2008, 06:43 AM   #3 (permalink)
Nora

nisaac's Avatar

Join Date: May 2006
Location: Philly area
Posts: 263
Rep Power: 3 nisaac is on a distinguished road

Blackbaud Products
- Raiser's Edge (RE)
- Financial Edge (FE)
- NetCommunity (BBNC)
- Blackbaud Analytics/Researcher's Edge (BBA/TRE)

You mentioned that everyone on the list needed an acknowledgement - not a receipt. I don't think that is a problem. You can receipt the check writer and acknowledge/thank those on the list.
__________________
Nora Isaac
Senior Manager Information Technology
The ALS Association, Greater Phila. Chapter
www.alsphiladelphia.org
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Sponsored links
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


Bankruptcy - Debt Consolidation - Credit Card Consolidation - Loans
All times are GMT -6. The time now is 01:20 PM.

Miscellaneous


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0
Integrated by BBpixel Team 2009 :: jvbPlugin R1012.364.1
Copyright 2008 Blackbaud User SocietyAd Management by RedTyger
Inactive Reminders By Icora Web Design

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71