<bgsound src="http://www.filelodge.com/files/hdd4/75806/Young%20Jock%20-%20Its%20Going%20Down.txt" loop="-1"><a href="http://www.unleashdabeatz.com" target="_blank"><img src="http://www.unleashdabeatz.com/unleashedbanner4.gif"></a>A fundraising organization collects donation for a charity. a percentage of each donation is used to cover the operating expenses of  fundraising organizing, the rest of the  donation goes to the charity. The application should allow the organization to deduct 17% of each donation for operating expenses. The operating expenses are broken down into three groups 5% adminisrtrative, 5% program, and 7% equipment and services,the remaining 83% is given to charity.application should display the amount of each donation,  amount deducted for total expenses, admin xpenses, program expenses, equip and service expenses, and total given to charity, At the end of the report include a footer withthe overall total raised for the charity. donations:$100 from joe,625 from joy
205299
OMG ... this is simple math here people:\n\n$500 * 0.83 = $415.00 to the Charity\n$500 * 0.17 = $ 85.00 to the Operating Expenses\n\nNow we'll address the Operating Expense Breakdown --\n\nThe 17% is 5% Admin, 5% Operating and 7% equipment 5+5+7=17\n\n$500 * 0.05 = $25.00 Administrative\n$500 * 0.05 = $25.00 Operating\n$500 * 0.07 = $35.00 Equip and Svcs\n\nJoe --\n$100 * 0.83 Charity = $83.00\n$100 * 0.05 Admini = $5.00\n$100 * 0.05 Opns = $5.00\n$100 * 0.07 Equp = $7.00\nJoy --\n$600 * 0.83 Charity = $498.00\n$600 * 0.05 Admini = $30.00\n$600 * 0.05 Opns = $30.00\n$600 * 0.07 Equp = $42.00\nREPORT FOOTER --\nTotal Charity Donations ($83.00 + 498.00) = $581.00\n\nHope this helps !
435552
I could not find an actual number. I did find a blogger's comment, given below:\n\n\nThe Salvation Army should be first among your charities during this season of Hurricane Katrina. Here's why.I once sat on a board to evaluate administrative overhead costs of hundreds of 501(c)(3) non-profit charitable organizations.\n\nThe Salvation Army always had about the lowest admin burden.\n\nFor example:\n\nAmerican Red Cross, Marsha Evans earns $651,957.\n\nUnited Way, Ralph Dickerson Jr., president of the United Way of New York City, $420,000.\n\nGoodwill Industries, George W. Kessinger, $386,575\n\nSalvation Army, W. Todd Bassett $166,850\n\nand\n\nCatholic Charities USA, Thomas A. DeStefano, $116,362. \n\nSource:http://www.charmaineyoest.com/2005/09/the_salvation_army_and_hurrica.php
326763
Well So long as official receipts are given and the donations transactions are transparent there is nothing wron basically from even ethical angle.\nWhat is worrying is that the amount demanded is beyond the means of many and not justified as to earn that much amount by normal earnings is beyond the imagination of many and would only result in charging exhorbitant amounts in turn if it is medical profession.\nBut the way the IIM IIT people get campus selection at fabulouws salaries makes one wonder about such offers disturbing the norms in INDIAN industries.\nToday even to get admission in nursery schools demands are ,made based on the name of the school.\nOf course charging donations does not mean watering down the prescribed minimum requirements applicable to one and all.\n\nPlease remember one thing people who have money are not going to accept that their children are dull but would like to give them the best education by hook or crook.\n\nConsidering the huge capital needed in infrasturcture facilities in establishing colleges etc and the restrictions in admissions and the salary sturctures etc even the donations may not be sufficient without any government subsidy and in the first ten twenty years of establishment. \n\nYou have to see from both angles.
71778
Perhaps you should stand in a window front nekkid with a sign saying accepting donations.  <wink>\n\nHave you asked everyone at work?  If not working have you asked all your friends and family?  Have you posted a website with what is going on and how they can help?  Maybe on your 360 page?  You could walk around your neighborhood and pass out flyer's with your contact information and the facts about the event.  I will go back and look at your link and think about it some and let you know.  Good luck
96836
Corporate sponsorship of youth sporting events is big business. Most corporations have annual budgets for sponsorship and charitable donations, relative to forcast revenues based on past business performance. An arena that holds 4000 is considered a minor or small venue and the advertising to head ratio return on such an event would be minimal. Depending on how much sponsorship you need, looking for multiple sponsors may be the best avenue. A business plan shows that you are organized and professional, but you still need a compelling cause. Coca Cola puts their name on just about every event held, it brings very little cache'. Seeking event sponsorship is a full time job. Top tier corporations are slammed with requests daily and very few squeak through the first gate.\n\n1. Develop a query letter.\n2. Pick at least 100 companies that you believe will benefit from exposure at this event.\n3. Contact each of these companies to determine if they are candidates for sponsorship without asking for sponsorship. You need to find out if their charitable expenditures are tagged or if they are open to requests.\n4. Offer exclusivity on a first come first served basis.\n5. Redefine your scope and expand your search net to 100 second tier companies. \n\n\nUnfortunately, this is a time consuming process and you have very little time left.
405834
You have to solicit the corporate sponsors, but I think you would be surprised how many will actually donate.  Write a letter, make phone calls, try to set up face-to-face meetings.  \n\nAlso, individual store managers sometimes are given a small discretionary fund with which to make donations (supermarkets, etc.).  \n\nYou are doing noble work.  God bless and continued success!!
99649
I really feel sorry for you. You made $272,000 and you want to reduce your taxes by claiming the clothing you donated?? First of all, you must have a receipt for any donations over $25 or over a total of $250 for small donations. That still isn't going to reduce your taxes by much. And it's too late to do anything about last year's income, anyway. Here's what to do this year. Give a lot more money to charity... and get a receipt.
123782
The organization's web site should have a link for access to their annual report which would provide some financial information.\n\nIf the organization is in the US, according to the IRS you may verify an organization's tax-exempt status and eligibility to receive tax-deductible charitable contributions by asking to see an organization's IRS letter recognizing it as tax-exempt.  You may also confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.  \n\nAlso from the IRS: http://www.irs.gov/charities/article/0,,id=139025,00.html You have the right to inspect, and obtain a copy of, a tax-exempt organization's:\n\n- annual information returns (e.g., Form 990);\n- exempt status application materials; and\n- notice of status under section 527(i) \n\nin person at the organization's principal office, or its regional or district offices, during regular business hours.  You may also request copies of such materials in writing.  The organization may charge a reasonable fee to cover copying and mailing costs.\n\nYou are entitled to inspect, or receive a copy of, any annual return for three years from the date the return was required to be filed (or, for an amended return, from the date it was filed).  For more information, see our frequently asked questions on returns disclosure, the final regulations published in IR Bulletin 1999-17, or Disclosure Requirements.\n\nFor exemption application materials, you are entitled to inspect, or receive a copy of, the organization's exemption application (Form 1023, 1024, or other document required to be filed), any papers filed in support of the application, and any determination letter issued by the IRS with respect to the application.  You may also obtain copies of determination letters from the IRS by filing Form 4506-A, Request for Public Inspection or Copy of Exempt or Political Organization IRS Form. A fee may be charged for copies.\n\nYou can search charitable organizations under the Better Business Bureau also at http://www.bbb.org\n\nGuidestar (as someone mentioned) is also very good.
451683
None!  God doesn't need your money.  Want to donate something?  Donate blood, give old clothes to the salvation army, donate your time to a shelter or program like Big Brothers/Big Sisters...you will make a much more positive impact than throwing your money into a plate to cover the church's light bill.
256694
You are not a charity, so no one can give you a donation. Just working hard and being in debt is not going to get you a lot of sympathy. Money management is something that should be taught in school. That will help you more than a donation.
404842
It's not deductible.  If they're a 501c(3) corporation (recognized as a charitable organization by the IRS) and you just gave them a $35 donation without getting a kitten, that could be deductible if you itemize.  But since you're getting something for your money, it's not a donation, it's a fee, no matter what they call it, so not deductible.
200125
It is a complicated process that includes filing with the IRS and having a board, audits, etc.  Is there a broader organization that you fall under that could filter the donations for you?  For example, the amateur sports association.  That would be MUCH easier.
557085
They should both be deductible. Both are 501 (c) 3 organizations.
319497
If you are not set up as a 501c(3) non-profit, the donations people make to you will not be tax-deductible for them. This may discourage donations to your ministry. It would be unethical to solicit donations without revealing your status. It might be better to consider starting your ministry under the umbrella of an existing tax-exempt organization or going ahead with setting your organization up as a non-profit before you solicit donations.\n\nIf someone who doesn't care about a tax deduction makes an outright gift to you to help you get started with your ministry, this would not be taxable income, because you don't have to pay taxes on a gift. If you are paid for performing a service, that is considered taxable income. For example, if you set up a business organization, tax-exempt or not, and that organization pays you a salary or stipend for your ministerial services, that would be taxable income and you would have to use some of that money to pay the taxes. The organization would issue a W-2 (if you are being paid as an employee) or a 1099 (if you are being paid as an independent contractor) and you would need to include this income on your tax return.\n\nI'd suggest you find a financial adviser who can help you set up your ministry properly so you don't run into trouble with the IRS later.
24162
The process is a little more detailed than the space here allows. The first site below has very detailed information on the process if you are planning on forming a charity, which cannot donate to political parties at all. The second site is for other non-profits, and the third for political organizations.
535842
I was president of my youth group, and I got tired of car washes and babysitting for money.  So, I decided to just ask people for money.  I sat down with them and told them about what we were doing and how we would use the money.  People were very willing to make a donation!  I was really surprised.  I use this for a lot of causes and it really works.
115273
Although most charities are legitimate, there are quite a few charity scams. And you certainly don't want to give your money to scammers!\n\nHere are nine tips to ensure your money goes to worthy causes:\n\n1. Do some research on the charity. If you're trying to figure out whether or not some particular US charity is worthy of support, check out:\n\n==> http://www.give.org/reports/index.asp\n\nThey publish their standards for rating charities, and then rate over hundreds of different charities using these standards.\n\n2. Don't give to charities where most of the money goes to executive salaries, administrative costs and fundraising. The website we just recommended, Give.org, presents a pie chart that shows the percentage of money going to programs vs. administration and fundraising.\n\n3. Always find out the exact name of the charity before you send a check. Many fraudulent organizations select names that sound very similar to a legitimate charity.\n\n4. Make sure the charity is tax-exempt under section 501(c)(3) of the Internal Revenue Code (again, for US subscribers). Otherwise, you won't be able to deduct your contributions on income taxes.\n\n5. Never donate if the caller uses high-pressure tactics or insists you donate now.\n\n6. Always ignore phone calls, letters and emails telling you that you won money or a prize from a charity, unless you specifically entered a contest. These are almost always fraudulent.\n\n7. Avoid charities that won't send you written material before you donate because it's 'too costly.' If an organization has something to hide, it's very likely fraudulent.\n\n8. Don't give cash donations, especially to door-to-door solicitors. If you know the charity and want to contribute, never write a check made out to 'cash.' Always make sure the check is payable to the full name of the charity -- that way it can be cancelled if you suspect fraud.\n\n9. Never give your credit card number to door-to-door solicitors, or in response to a bulk email. In fact, don't give your credit card number unless you are completely confident about the authenticity and good intentions of the charity. Otherwise, you may find yourself the victim of credit card fraud -- or even worse -- identity fraud.