Guía Recaudación de Fondos
Previo a organizar cualquier evento para recaudar fondos en beneficio de los programas de Ricky Martin Foundation, agradecemos que consulte las guías a continuación. Somos muy agradecidos por todos los esfuerzos en pro de la niñez global pero adelantamos que solamente las actividades que cumplan con los requisitos y previamente aprobadas por RMF son las aprobadas.
Guidelines for Sponsorships, Silent Auctions, Raffles, and Donations
(where goods and/or services are received)
| CHARITABLE LAWS |
Events must comply with all federal, state and local laws governing charitable fund raising, gift reporting and special events. |
| SPONSORSHIPS |
Sponsorships with no goods and/or services may be fully tax-deductible. This includes sponsorships that receive advertisement space in a booklet for the event. (These are not considered advertising so long as there is no commercial content such as, “Come in and Buy” or “Our product is the best”). Name, slogan and logo of the sponsor can be used. |
| TAX DEDUCTIBILITY OF EVENT TICKET PRICE |
The IRS requires that all tickets, invitations or entry forms state what portion of the ticket price is tax-deductible if the price is beyond the fair market value of the event itself. For example: A cocktail dinner costs $100 per person for the entertainment, food and drink; the cost of the ticket to attend the gala is $250; only $150 of each ticket sold is tax deductible.
Tickets and/or promotional flyers which invite people to sign-up or purchase tickets must state the portion which may be tax deductible. (In the case above, it would say, “$150 of the ticket price may be tax deductible.”) The Development Office can assist in proper wording. |
| SILENT & LIVE AUCTIONS |
a. Each item of a Silent Auction should be valued at the Fair Market Value. This value must be listed on the Bid Sheet at the auction table, as well as in any printed list of the auction items.
b. Each item of a Live Auction should be valued at the Fair Market Value and that value must be listed on a printed list of the auction items.
c. Donors of the items for Silent and Live Auctions should provide the Fair Market Value of their item/service. If the item is a ‘collectible’ reasonable efforts should be made to assess the value (e.g. contact an antique or collectible dealer who has some knowledge of similar items).
d. Only winning bids that are over the stated Fair Market Value will receive receipt information on their charitable gift.
e. If an item is not valued, or valued as priceless, the final auction bid then establishes the item’s fair market value, therefore no portion is tax-deductible. |
| RAFFLES, LOTTERIES, GAMES OF CHANCE |
There is no charitable gift for a raffle ticket, lottery or any game of chance. No receipt will be issued for money collected through these means. |
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