Maximizing Your Impact: Tips for Donating to Raffles and Fundraisers

[niktim3]

I am sure you all have been approached from different groups for a raffle basket or something of this sort!!!
I do this, and honestly, usually do not get a return!!
Is there anywhere we can account for this?
SOme of these groups have a tax id , others, like the local sports teams, do not. Any suggestions?
Thanks!

 

[WLMcCoy]

When I was asked to do a donation for a raffle, they asked me the day before the benefit & I didn't have any products o donate. So instead of a product, I donated $20 worth of PC products of their choice. So instead of walking away w/ an item, the lady who won had to call me to redeem her $20 & I talked her into a show & I got some bookings out of it!

I know that really doesn't answer your questions about the tax id, but it's an idea to get a better return

 

[niktim3]

Thats a great idea!!!
Will have to try and incorporate that for the new year!

 

[raebates]

I consider it a tax deduction. I place it under marketing expenses. When I put together a catalog show, I use the free product to purchase things that I can donate. That way I don't feel like I'm spending a lot of out-of-pocket money.Finally, I only participate if I truly believe in the cause. That way if there isn't a response, I still feel good about the donation.

 

[ltkacz]

I always do the $25 gift certificate available only through me. That way I can hopefully turn it into something more. And then sometimes, they don't ever cash it in. Then - I'm out of pocket nothing

 

[PartiesbyJamie]

I do the same thing - got tired of "giving" stuff away with no return. Just make up your own Gift Certificate, include a catalog & maybe a little spatula or something if you want.

 

[PamperChefCarol]

I always do the $25 gift certificate available only through me. That way I can hopefully turn it into something more. And then sometimes, they don't ever cash it in. Then - I'm out of pocket nothing

YES YES YES!!!! That's exactly what I do. I am all for helping out a good cause, but I like to see some of that karma come back to me. Plus, to the ones who do redeem, they are pleased that they can get exactly what they want.