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I have two issues: I have two issues: 1) we want to start a
I have two issues: 1) we want to start a small scholarship fund for a small exercise place. There will never be much income in it. Is there another way, an umbrella non-profit or something else, that can give us non-profit status for tee donations. The second issue is about best practices or standards for developing a bequest that outlines the conditions and requirements for the bequest, i.e. how long they have to keep a collection, etc. … read more
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Can a non profit hire the services of a for profit to
can a non profit hire the services of a for profit to achieve its goals? … read more
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Lane, to gain entry to the fundraising event, people were
Hello Lane, to gain entry to the fundraising event, people were asked to donated $12 - would it be considered a donation or sale of ticket?… read more
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I live in MD and my family wants to start up a scholarship
I live in MD and my family wants to start up a scholarship fund where we all contribute to help future college students in our family. Tax wise is their anything that we need to do? … read more
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Can a contribution of $100,000. that I made to kent state
can a contribution of $100,000. that I made to kent state university be considered a taxable gift in which taxes paid can be deducted from my from the lifetime exemption of my estate and paid upon my … read more
PDtax
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I am an instructor in the alternative health & wellness
I am an instructor in the alternative health & wellness industry. People have started giving donations to help support the spread of the modality that I teach. This is not money for me as an income, b… read more
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If a business like an auto shop or food vendor gives out
If a business like an auto shop or food vendor gives out special coupons that helps student organizations fundraise money. Ex) "Get 10% off your ol change from donating to X organization." Can this co… read more
Lane
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Is it possible for a business entity to take donation money
Is it possible for a business entity to take donation money for other charities and have the donation be tax deductible. Example: Tom donates to charity company so it can make a donation to the red cr… read more
Lane
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I am talking about in-kind donations from anyone to non-profit
I am talking about in-kind donations from anyone to non-profit in a form of services and if those can be reported as income to this non-profit. If not, ,how these type of donations are recorded on non… read more
Lane
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We are contemplating the right corporate structure for a crowd-funding
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If money is put into a 501c3 account for a scholarship fund,
If money is put into a 501c3 account for a scholarship fund, can the scholarship fund money be used for just African Americans, or would the scholarship have to be offered to all races since donors wo… read more
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We have a neighborhood Progressive dinner once a year to benefit
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We want to offer either a scholarship or contest prize money. I
We want to offer either a scholarship or contest prize money. I think we would prefer to do the scholarship so that we can get more schools directly involved, however, they seem a lot more complicated… read more
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In determining the tax deductible amount for a fundraising
In determining the tax deductible amount for a fundraising activity, should all expenses be included (band, decorations token gifts) or just the food items (catering costs)?… read more
Jax Tax
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I would like to start a non profit and give out scholarships
I would like to start a non profit and give out scholarships to underprivledged high school and college students. If I contribute to this non profit is my donation fully tax deductable? or should i ju… read more
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I own a small business, LLC, and want to provide a scholarship.
I own a small business, LLC, and want to provide a scholarship. Where, on Schedule C do I record it?… read more
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I have a friend with two young children who have cystic ...
I have a friend with two young children who have cystic fibrosis.... What is the best vehicle to set up so that friends, family, and acquantances from the general public can donate money to the kids: … read more
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We have close friends who have two autistic children.
We have close friends who have two autistic children. It's going to cost them about $40k per year for special schooling. They do not have this kind of money. They are looking to do some benefit activi… read more
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