Donated materials sold at special events – Auctions and raffles
Non-profit GAAP accounting practices for auction and raffle donations.
The 501 S(c)ene
Category: Special Events
Arizona Gives Day Results
Arizona Gives Day, the annual one-day online giving campaign, was hosted by the Alliance of Arizona Nonprofits and the Arizona Grantmakers Forum for the third year on April 7. The first Arizona Gives Day event began in 2013 in order to rekindle the funding that typically slows after the holidays. In 2013, Arizona Gives Day …
Requirements for Communications to Attendees at Your Special Event
You may be aware of the rule for sending an acknowledgement to a donor after receiving a contribution, but are you also aware of the IRS requirements when someone attends a fundraising event? Usually, special events provide some sort of benefit back to the attendee, so that only a portion of their ticket cost is …
Feed My Starving Children charity event
This past week our team members volunteered at Feed My Starving Children to package meals for malnourished children. All volunteers combined prepared 60 boxes of food which consists of 2,160 bags. This equates to feeding approximately 35 children for an entire year! Feed My Starving Children’s approach is simple: children and adults hand-pack meals specifically …
Sponsorship vs. Advertising
Selling sponsorships at a special event can be a great way for a nonprofit organization to raise additional money. Sponsorships are also beneficial for donors as donors can receive tax deductions while receiving public acknowledgement of their sponsorship. Though this may seem like a great source of additional revenue for a nonprofit, there are a …