Posts Tagged ‘reference’
Fundraising Locations

Question: Last minute fundraising location?
I’m trying to fundraise by selling snow man poop(marshmallows) and hot chocolate. But there was a problem with the location we wanted to sell them at, and we can’t do it there anymore.
So now I have a bunch of marshmallows and hot chocolate and no way to get rid of them. What kind of places that would allow a group to set up in front of their store to fundraise at the last minute without too much fuss?
Answer: All of these stores may not be in your area, but in my area, they often let groups fundraise in or in front of their stores:
CVS Pharmacy
Walmart
Boscov’s Department Store
Also, if you are a member of a church or synagogue, you could ask to have a table set up after services to sell your Fundraising Items.
Good luck!
Cookies for Kids Cancer Fundraiser & Toy Drive
Fundraising Taxes

Question: taxes on the fundraising income in abroad?
There will be a fundraising event w artworks donated by the artists (USA) in abraod. The event will generate donations (foreign) through donations (USA) for a future nonprofit arts org. Do I have to report this income to IRS and pay tax? If so, how much will it be? Thanks.
Answer: if it’s going to be a future non profits arts org then there should be no income tax. Non-profits do not pay income tax on their income that is related to the non-profit. But hopefully you will have the non-profit in place by year end.
How a Lead Trust Reduces Taxes and Aids Church Fundraising