RE: Need Donation Forms

[Erik Olson <erik@thekrib.com>]

On Sat, 10 Apr 2004, Rick Rose wrote:

> Even though we are a non-profit organization, we are not a tax-exempt
> organization (such as a church or a charity.)  I do remember this question
> coming up with regard to whether or not we have to pay tax on things that we
> purchase - and we do.  However, I've never gotten into it from the donation
> side.  Does that preclude the sponsors from writing off their donations to
> GSAS as tax write-offs? 

It has come up in the past, and it is an issue.  Some of the donors just 
lie, even after presented with this information, and others deduct the 
value of the equipment as advertising (business) expenses.

  - Erik

---
Erik Olson
erik at thekrib dot com

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