Anonymous wrote:We had great success with a direct donation campaign. Yes you have to put the information out there just like any other fundraiser. And a direct donation to a non-profit PTA is 100% tax deductible.
Accountants out there... I saw where Boosterthon suggests donations to the fun run is tax deductible but don't you need to reduce your donation by the $2.00 online processing fee and the 50% that is paid to Boosterthon (a for profit company) to get your tax deductible portion? Then what about the $4,000 fee that comes off the top and is paid to Boosterthon, doesn't that reduce your deduction as well?
Hilarious. No, you don’t.
Non-profits use rich, for-profit vendors every day of the week, and it does not impact the tax deductibility of the gift, whatsoever.