Where I coach football we are upgrading our weight room with a Smart TV and
also an online program that the players can upload their lifting stats and
we can publish them on the TV. So the alum that is spearheading the project
asked me about getting some used tables for us to keep in the Weight roo
I've handled this before, although I'm fortunate to have help from someone
whose job it is to manage donations paperwork. All we usually do is mail them a
receipt in the form of a statement on letterhead saying we've received y item
in value of $y. Sometimes the estimate can be a little bit of a
Just checked with someone who used to handle the paperwork for charitable
donations.
"Thank you for your donation of $enter_description_here". (On letterhead is
good).
Do not put an estimated dollar value, because that gets into depreciation
headaches. Let the donator decide the value, keep
My understanding is that the qualified recipient of a non-cash charitable
donation *must not* make any statement or offer advice to the donor on the
Fair Market Value (FMV) of the donation. I've worked for non-profits, and
this was a very serious concern ... not even with a wink and a nod and a
vag
It looks like I was mistaken anyway - we do not provide a dollar value on the
receipt but record it internally for our own accounting purposes.
-Starchy
On 15-12-24 17:40, Rob Jenson wrote:
> My understanding is that the qualified recipient of a non-cash charitable
> donation *must not* make any
Thanks. A Google search has been useless so far. This is a big help
On Thursday, December 24, 2015, Starchy Grant wrote:
> I've handled this before, although I'm fortunate to have help from someone
> whose job it is to manage donations paperwork. All we usually do is mail
> them a receipt in the
If it's over 200? 250? You must put a value on the donation receipt.
Nearly every donation I've made has that, including goods to goodwill
or the Salvation Army.
Matthew
(sent from my mobile)
> On Dec 24, 2015, at 6:20 PM, Starchy Grant wrote:
>
> It looks like I was mistaken anyway - we do no
Hmmm, I could've gotten a tax deduction for old/new computer stuff I donated
to the RedCross once
Though not sure how I would've done it since I technically had no income the
first part of the year, and was in Canadaliving in my parent's
basement...and then moved to the US. (my US taxe