[Rotary] Regarding ticket sales for Casino Night

[John Cottle]

Thank you members for pushing this to prominence for clarification.

This issue was discussed at today's board meeting.  A "donation" as a tax
exemption must be just that, a donation with nothing received in return.
Casino Night tickets do NOT qualify, as each ticket is good for poker
chips, which do have value towards obtaining raffle prizes.  Table sponsors
and raffle prize donors DO qualify as they get nothing in return other than
recognition of their donation.  I suspect that some will consider it
advertising, but I believe that for a business that is deductible too.

So get checks for tickets made out to Mendocino Rotary Club, whereas
donations may be made out to Mendocino Rotary Foundation.  Either way ALL
CHECKS AND CASH GO TO HAROLD.

This will come up again this Thursday, see you then.  Meanwhile, sell those
tickets!

President John

On Sun, Feb 15, 2015 at 8:17 PM, Donna Schuler <schuler.donna at gmail.com>
wrote:

> Hi everyone,
> The question came up at our table at last weeks meeting. "Who should I
> turn the money in to- for the ticket sales, Harold?"
> My  recommendation is that if it is a check, or checks, mail to:
> Mendocino Rotary Club
> PO Box 102
> Mendocino, CA 95437
> If cash, of course it will need to be given to Harold.
>
> Another question that came up, " Who should they make out the checks to?"
> The answer is: Mendocino Rotary Foundation (which is a 501c3). Most
> everyone would like to make a donation with a tax benefit, so have them
> made out to our Mendocino Rotary Foundation.
>
> Do you have thoughts regarding these questions?  President John, can we
> bring up this topic for brief clarification at our next meeting? We finally
> have s system established for accepting checks for Rotary Park and the
> Foundation, and giving thank you notes in a timely manner. We could
> discuss, or maybe run a scenario, because I expect I'll hear some
> questions, such as how much of the funds raised from Casino Night are to go
> for various projects? I am wondering if we are going to use percentages.
> Thanks,
> Donna
>
> --
> Donna Schuler
>
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>
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