As this economically challenging year comes to a close, many non-profits are looking for ways to boost their fundraising efforts in order to meet year-end goals. Some tax-exempt organizations are looking to vehicle donations as one way to supplement end-of-year fundraising. The last several years have seen a proliferation of for-profit entities that have created …
Posts Tagged: Fundraiser
What Do Fundraisers Do With Donated Money?
Very interesting blog entry in The Chronicle of Philanthropy on Sept. 20, 2010, regarding the scrutiny of the “Arrangements Between Charities and Fund-Raising Companies.” http://bit.ly/lfnp106. The article sites a St. Louis Post-Dispatch article (http://bit.ly/lfnp107) regarding the the transparency of donations. Donors “often do not realize that most of their donations are going to the fundraising …
New IRS Guide for Tax-Exempt Organizations Considering Gaming Activities
Silent Auction? Opportunity Drawing? Raffle? Casino Night? All of these are viable fundraising events for nonprofits and also considered to be gaming activities (i.e., gambling). In order for tax-exempt organizations to make sure they are compliant with the rules regarding such activities, the IRS has published a new guide at http://bit.ly/lfnp11. The publication addresses the …