As 2013 draws to a close, public charities await year-end contributions, and Packers fans await the potential return of Aaron Rodgers, a charitable receipting “Double Check” is likewise in good order. Donors and donees must remember that a donation alone is not enough for a donor to claim a federal income tax deduction. A proper written acknowledgement from the donee to the donor substantiating the gift must be maintained. Earlier this year, a court in Texas denied a donor a charitable deduction because the written acknowledgment provided by the organization did not include the requisite
Organization leaders should take note that the answer is sometimes yes.
Many nonprofits have public relations problems. Thoughtful preparation of a nonprofit’s Form 990s can be a powerful remedy.
Oh No... Another Nonprofit in the Press