- Sep 23, 2009
- 231
- 82
Tax exemption question..
So our club is going to be doing several fundraisers, demonstrations and activities for National Gymnastics Day. USA Gymnastics is a sponser of the Children's Miracle Network, so that is where we are donating all of our profits. I am working on getting items donated from local shops that can be raffled off. Can the other companies who donate items to our club for the raffle use the Children's Miracle Networks tax id#, despite not giving directly to the CMN? I think I'd be more inclined to get donations if I said it was tax deductable.
The link below is all I found about tax exemption on their website. Just wondering if anyone can clear this up for me. When it comes to taxes and finances I am way out my league
Link Removed
So our club is going to be doing several fundraisers, demonstrations and activities for National Gymnastics Day. USA Gymnastics is a sponser of the Children's Miracle Network, so that is where we are donating all of our profits. I am working on getting items donated from local shops that can be raffled off. Can the other companies who donate items to our club for the raffle use the Children's Miracle Networks tax id#, despite not giving directly to the CMN? I think I'd be more inclined to get donations if I said it was tax deductable.
The link below is all I found about tax exemption on their website. Just wondering if anyone can clear this up for me. When it comes to taxes and finances I am way out my league
Link Removed
