I am an attorney and I volunteer time to answer general questions about U.S. Federal income tax issues of nonprofit 501(c)(3) public charities only. Those questions could be about establishing and maintaining legal requirements for such non-profit organizations in the United States, including Internal Revenue service filings and requirements. I will not be working on this free forum to answer questions about Nonprofit's possible unrelated or for-profit businesses or how to fill out forms. This forum is only for general questions about federal tax law, not as the law applies to your specific situation. If you make your question public then I tend to spend more time on answers to benefit the public. If you have other questions, please contact me at Harvey108@hotmail.com I will reply from my email. To search my previous answers you can do a Google search by "site:allexperts.com/q/nonprofit" without the quotes and then add your search terms before hitting enter.
I have been practicing law and especially the law of nonprofit organizations since 1990 when I was admitted to the New York Bar and I have maintained my status with the Bar since that time.
B.S. Columbia University in New York City, 1970
J.D. (Law Degree) Brooklyn Law School, 1990 -- Cum Laude.
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Donations to 501(c)(3) organizations are deductible by the donor who itemizes deductions. See IRS Publication 557 "Tax Exempt Status for Your Organization" which is available http://www.irs.gov/pub/irs-pdf/p557
Donations you receive are not income so you don't declare those on your individual tax return. The Internal Revenue Code at section 102(a) provides that gifts are not income. "Gross income does not include
If you want donors to be able to deduct donations and not to have your sales income, if any, taxed as long as you comply with fundraising guidelines for 501(c)(3) organizations, you would need to establish
It appears that the donor did not consult competent legal counsel before spending funds for the fund-raiser. The only way that the IRS allows the 501(c)(3) organization to give an acknowledgement of donation
The contract would need to specify the use of the funds by the c7 -- that the use was to be solely for charitable, religious or educational activities as would be allowed under section 501(c)(3) of the