Sample Disclosure of Amount Deductible in Ticket Purchase
Use this sample disclosure form for the amount of a ticket contribution that is deductible for your nonprofit’s federal income tax purposes.
This can apply to a solicitation, ticket, or other receipt or evidence of payment.
December 15, 20XX
Favorite Charity, Inc.
8000 Main St.
Anywhere, USA 99999
www.favoritecharity.org
Jane Donor
1234 Spruce St.
Anywhere, USA 99999
Dear Jane,
Thank you for your purchase of two tickets to our upcoming fundraising banquet and silent auction at $100 each, totaling $200. Admission includes dinner with an estimated value of $30.
The amount of a contribution that is deductible for federal income tax purposes is limited to the amount contributed, reduced by the value of any goods or services provided by the organization. Accordingly, $70 of each admission is eligible for an income tax deduction.
Thank you again for your support of this event.
Warmly,
Steve Smith
Sample Organization, Inc. is recognized as a tax-exempt public charity under Section 501(c) (3) of the internal Revenue Code, and has an IRS identification number of ______. Contributions are deductible to the extent allowed by law.
Alternative endings:
a) Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch at (000) 000-0000. The license is not an endorsement by the State.
b) Programmatic and financial information about Favorite Charity, Inc. is available at www.favoritecharity.org and at www.guidestar.org.
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