GENERAL INFORMATION FOR SUBORDINATE TEMPLES

WHEN CONDUCTING FUNDRAISING EVENTS

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When holding fundraising events with some or all of the proceeds going to the Foundation (Convalescent Endowment Fund and/or Convalescent Relief Fund), the benefit to donors is the ability to claim charitable contributions for tax purposes.  It is important to note that only the part of the donation that is given to the Foundation is deductible.  Therefore, it is important for Subordinate Temples to provide a receipt that shows the actual amount received, the cost of the item/meal being purchased, and the amount of the donation that represents a contribution to the Foundation. 

EXAMPLES:

·         A Temple is selling tickets for $20 to a dinner that costs $15 with 50% of the proceeds going to the Temple and 50% of the proceeds going to CEF.

 In the advertisements, the Temple can state:

                    50% of the proceeds will be given to the Daughters of the Nile Foundation for the benefit of Shriners Hospitals for Children®

The ticket or receipt must contain a statement pertaining to the charitable contribution such as:

The cost of the ticket is $20.  A contribution of $2.50 from each ticket is given to the Daughters of the Nile Foundation.  The Foundation is recognized as a tax-exempt 501(c)(3) organization and its Tax I.D. number and a copy of the Foundation’s exemption letter are available upon request. 

·         If an individual makes a bid of $50 at a silent auction and the fair market value of the item is $25, the donor may claim $25 as a charitable contribution if all proceeds of the event are going to the Foundation.  If 50% of the proceeds are going to the Foundation, the charitable contribution is $12.50.

Receipts should note that proceeds are going to the Daughters of the Nile Foundation for the benefit of Shriners Hospitals for Children®

Receipts should also include a statement that a copy of the Foundation’s exemption letter is available upon request.

The following pages are examples of receipts that may be used.  Any questions may be directed to a Foundation Board Member, or via email at contact@donfdn.org .  Best of luck in your fundraising efforts.  Working Together, we can help the lives of children for many years to come!

 



 

Receipt 1

(Cash\Donated Auction Item and attending Event)

 

“[NAME]” EVENT

 

Donor/Business Name_____________________________________________

 

Address______________________________________

 

City/State/Zip__________________________________

 

Contact Name________________________________________

 

E-Mail Address______________________________________

 

Donor’s Signature_____________________________________

 

Date Received                                   _______________________

 

Contribution Amount                     _______________________

 

Check No.                                           _______________________

 

Item Description for Display and Bid Sheet (including any deadlines or restrictions):

______________________________________________________

______________________________________________________

 

Estimated Value                               _______________________

 

 

Our “[NAME]” Event starts at [TIME] and will be held at [LOCATION].  There will be a [DESCRIPTION OF EVENT, SUCH AS MEAL, LIVE AUCTION, ETC.]  Tickets are $ [PRICE] each.

 

Your donation to the “[NAME]” Event is greatly appreciated.  [AMOUNT] Percent (XX%) of your donation goes to the Daughters of the Nile Foundation for the benefit of Shriners Hospitals for Children®.  The Foundation is recognized as a tax-exempt 501(c)(3) organization and its Tax I.D. number and a copy of the Foundation’s Exemption letter are available upon request.  The estimated fair market value for the goods and services received is $__________.  Please retain this receipt as verification of the above donation in compliance with IRS regulations.  You should consult your own tax advisor concerning the deductibility of the appropriate portion of your donation.

 

                                                                                                                                ______________________________

                                                                                                                                        Ways and Means Chairperson

                                                                                                       



Receipt 2

(Cash and not attending)

 

“[NAME]” EVENT

 

Donor/Business Name______________________________________________________

 

Address_______________________________________________

 

City/State/Zip___________________________________________

 

Contact Name_________________________________________________

 

E-Mail Address_______________________________________________

 

Donor’s Signature______________________________________________

 

Date Received                   _______________________

 

Contribution Amount     _______________________

 

Check No.                           _______________________

 

 

Our “[NAME]” Event starts at [TIME] and will be held at [LOCATION].  There will be [DESCRIPTION OF EVENT, SUCH AS MEAL, LIVE AUCTION, ETC.]  Tickets are $ [PRICE] each.

 

Your generous underwriting donation to the “[NAME]” Event is greatly appreciated.  [AMOUNT] Percent (XX%) of your donation goes to the Daughters of the Nile Foundation for the benefit Shriners Hospitals for Children®.  The Foundation is recognized as a tax-exempt 501(c)(3) organization and its Tax I.D. number and a copy of the Foundation’s Exemption letter are available upon request.  Please retain this receipt as verification of the above donation in compliance with IRS regulations.  You should consult your own tax advisor concerning the deductibility of the appropriate portion of your donation.

 

        No goods or services were received in exchange for this donation. 

 

 

 

 

                                                                                      ________________________________

                                                                                                                                                Ways and Means Chairperson

 

 



 

Receipt 3

(Donated Auction Item and Not Attending)

 

“[NAME]” EVENT

 

Donor/Business Name______________________________________________________

 

Address_______________________________________________

 

City/State/Zip___________________________________________

 

Contact Name_________________________________________________

 

E-Mail Address_______________________________________________

 

Donor’s Signature______________________________________________

 

Date Received           _______________________

 

Item Description for Display and Bid Sheet (including any deadlines or restrictions):

______________________________________________________

______________________________________________________

 

Estimated Value               _______________________

 

 

Our “[NAME]” Event starts at [TIME] and will be held at [LOCATION].  There will be [DESCRIPTION OF EVENT, SUCH AS MEAL, LIVE AUCTION, ETC].  Tickets are $[PRICE] each.

 

Thank you for your generosity in donating an item to the “[NAME] Event.  [AMOUNT] Percent (XX%) of your donation goes to the Daughters of the Nile Foundation for the benefit Shriners Hospitals for Children®.  The Foundation is recognized as a tax-exempt 501(c)(3) organization and its Tax I.D. number and a copy of the Foundation’s Exemption letter are available upon request.  Please retain this receipt as verification of the above donation in compliance with IRS regulations.  You should consult your own tax advisor concerning the deductibility of the appropriate portion of your donation.

 

                                     No goods or services were received in exchange for this donation.

 

 

 

 

                                                                                                                _______________________________

                                                                                                                                Ways and Means Chairperson



Receipt 4

(Purchaser of Auction Items)

“[NAME]” EVENT

[NAME] Temple No. ____

Daughters of the Nile

 

 

 

Date Purchased                                         _______________________

 

Item Purchased                                         _______________________

 

Amount Donated                                      _______________________

 

Estimated Value of                                   _______________________

Purchased Item

 

 

 

Thank you for making a donation by purchasing the above item at the “[NAME]” Event.  [AMOUNT] Percent (XX%) of your donation goes to the Daughters of the Nile Foundation for the benefit Shriners Hospitals for Children®.  The Foundation is recognized as a tax-exempt 501(c)(3) organization and its Tax I.D. number and a copy of the Foundation’s Exemption letter are available upon request.  Please retain this receipt as verification of the above donation in compliance with IRS regulations.  You should consult your own tax advisor concerning the deductibility of the appropriate portion of your donation.

 

 

 

                                                                                                                ________________________________

                                                                                                                                Ways and Means Chairperson

 

 

 

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Gifting Incentives

Other ways you can give to the Daughters of the Nile Foundation include naming the Foundation as a beneficiary on your Retirement Accounts or your Annuities; naming the Foundation as a joint tenant, payable on death beneficiary or transferable on death beneficiary on your Certificates of Deposit and Savings Accounts; or establish a Charitable Remainder Trust that benefits the Foundation.

Marketable Securities

Gifts of long-term appreciated securities may include individual stocks, bonds, or shares of mutual funds. Gifts of securities can be made quickly and easily and can enable you to do more with your gift because of the tax benefits.

Wills and Bequests

A bequest to the Daughters of the Nile Foundation Convalescent Endowment Fund will continue supporting Shriners Hospitals for Children® after your death.  Federal estate tax laws encourage charitable bequests by allowing an estate tax deduction for the full value of charitable gifts.  No limit is placed on the amount that can be left to charity and deducted from your estate as a charitable contribution.