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Stand With Ukraine Bundle question

SlimerJSpudSlimerJSpud Posts: 1,453
in The Commons

Regarding the Stand With Ukraine Bundle, it says all proceeds go to care.org. Sounds great. Question: If we buy this item do we get some kind of receipt that officially states that this amount went to CARE that we can use for US tax purposes?

Comments

  • GordigGordig Posts: 10,174

    I'm certainly no tax expert, but can it really be considered a charitable donation if you're getting product in return?

  • SlimerJSpudSlimerJSpud Posts: 1,453

    Gordig said:

    I'm certainly no tax expert, but can it really be considered a charitable donation if you're getting product in return?

    Many charities, PBS stations especially give "premiums" or "thank you gifts" in return for donations. They provide a statement of fair market value that is subtracted from the donation amount. Standard charity practice.

  • AHArtAHArt Posts: 202

    SlimerJSpud said:

    Gordig said:

    I'm certainly no tax expert, but can it really be considered a charitable donation if you're getting product in return?

    Many charities, PBS stations especially give "premiums" or "thank you gifts" in return for donations. They provide a statement of fair market value that is subtracted from the donation amount. Standard charity practice.

    You are not making a charitable donation, Daz is 

  • GordigGordig Posts: 10,174

    SlimerJSpud said:

    Gordig said:

    I'm certainly no tax expert, but can it really be considered a charitable donation if you're getting product in return?

    Many charities, PBS stations especially give "premiums" or "thank you gifts" in return for donations. They provide a statement of fair market value that is subtracted from the donation amount. Standard charity practice.

    The Daz store is not a charity, and PBS isn't selling the tote bags or whatever. Providing someone a gift in exchange for a legitimate donation is not the same as a store donating the proceeds from selling a product.

  • Catherine3678abCatherine3678ab Posts: 8,388

    They have done similar bundle projects before, and no, we saw no receipts. Nor tbh, was I expecting one.

  • memcneil70memcneil70 Posts: 4,285

    I am way over on my charity giving for my income, per my Federal and State taxes, but I still bought the bundle. But, if you want to contribute individually and get a tax credit, I am sure you can if you go on the CARE website. I have a monthly one going to Mercy Corps as I felt so frustrated by not being able to do anything to help. This purchase today just adds to that.

    I also want to thank all the PAs who contributed to it and to DAZ.

     

  • SlimerJSpudSlimerJSpud Posts: 1,453

    Yes, Daz is making the donation, not us. That pretty much settles it.

This discussion has been closed.