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Why would someone.....
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<blockquote data-quote="backhoeboogie" data-source="post: 455482" data-attributes="member: 3162"><p>It all has to do with tax write off. If the business donates the dinner and stay to your charity, and it is not an approved exclusion (certified as non-profit) they cannot write off the donation on their taxes. </p><p></p><p>The simple solution is to find an existing certified organization who will accept the donations and pass them on to the family. It is very hard to get the Red Cross to do it. No need in even trying to use them. </p><p></p><p>It is all kind of stupid really. But without the laws rich people would sponsor car donations for their own children etc. That is why there are non-profit organizations and tax laws applying to donations thereto. </p><p></p><p>I look at it this way, If I am willing to give you $100, and can't write it off, I can give you $65 and it is the equivalent out of my pocket. Most of us would just give the $100 and forget about it. But if you are a manager for a business and accountable to owners or stock holders, you cannot donate, even if they have voted previously to set aside funds for charitable contributions this year so as not to offend soccer, baseball, softball associations etc.</p><p></p><p>Edit: I am not a CPA or anything like that. (my wife is in accounting and deals with this type stuff. I have served as a board member for many non-profit youth sport organizations) Just trying to help you understand.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 455482, member: 3162"] It all has to do with tax write off. If the business donates the dinner and stay to your charity, and it is not an approved exclusion (certified as non-profit) they cannot write off the donation on their taxes. The simple solution is to find an existing certified organization who will accept the donations and pass them on to the family. It is very hard to get the Red Cross to do it. No need in even trying to use them. It is all kind of stupid really. But without the laws rich people would sponsor car donations for their own children etc. That is why there are non-profit organizations and tax laws applying to donations thereto. I look at it this way, If I am willing to give you $100, and can't write it off, I can give you $65 and it is the equivalent out of my pocket. Most of us would just give the $100 and forget about it. But if you are a manager for a business and accountable to owners or stock holders, you cannot donate, even if they have voted previously to set aside funds for charitable contributions this year so as not to offend soccer, baseball, softball associations etc. Edit: I am not a CPA or anything like that. (my wife is in accounting and deals with this type stuff. I have served as a board member for many non-profit youth sport organizations) Just trying to help you understand. [/QUOTE]
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