Sponsorship v. Donations: The Drawbacks and Benefits
NonProfit Hub
MAY 27, 2021
Needing money is a common denominator among all nonprofits. Two of the tried-and-true methods for raising dough, sponsorships, and charitable donations, can cause a lot of confusion. When someone receives a benefit for their “gift” to a nonprofit organization, the IRS determines that their support is not tax-deductible.
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