[Date Prev][Date Next][Thread Prev][Thread Next] - [Date Index][Thread Index][Author Index]

Re: AMSAT & Combined Federal Campaign



BUT

If you receive something of value for your donation, you must subtract the
value of that item from the amount you deduct.

They thought of this already.

TomB

----- Original Message -----
From: Jon Ogden <na9d@speakeasy.net>
To: John Hansen <hansen@fredonia.edu>; <amsat-bb@AMSAT.Org>
Sent: Thursday, November 29, 2001 7:42 PM
Subject: Re: [amsat-bb] AMSAT & Combined Federal Campaign


> on 11/29/01 4:14 PM, John Hansen at hansen@fredonia.edu wrote:
>
> >> Rather than SELL things, we have decided to SUGGEST levels of DONATION
> >> associated with obtaining various items.  Using this process, money
> >> received by AMSAT is a free will donation and is, therefor, not subject
to
> >> sales tax.  You may contribute what we suggest or as much as you want
and
> >> it's USA tax deductible, if you deduct contributions.
> >
> > I'm not a lawyer, but I can't believe that this subterfuge would ever
pass
> > muster in a court.  If you receive something of value at the same time
you
> > make a donation, the only portion of the donation that will be
deductible
> > is the part in excess of the actual market value of what you received.
Any
> > attorney's here care to comment?
>
> Ah but there's a key here (actually a couple):
>
> 1.) Sometimes AMSAT sells items that were donated to them as a
"fundraiser"
> 2.) The concept of "donation" does hold firm because the item received is
> considered a "premium" in exchange for donating.  The price is not at all
> fixed (legally IMHO, if you offer Amsat a $40 donation for a $60 antenna,
> they must take it - but you'll be considered a scab by most people for
doing
> so).  It is very similar to the concept of PBS offering items in return
for
> donating something.  I am sure that many Amsat members give more than
would
> be required to purchase something outright.
>
> I think it passes muster.
>
> 73,
>
> Jon
> NA9D
>
> -------------------------------------
> Jon Ogden
> NA9D (ex: KE9NA)
>
> Member:  ARRL, AMSAT, DXCC, NRA
>
> http://www.qsl.net/ke9na
>
> "A life lived in fear is a life half lived."
>
> ----
> Via the amsat-bb mailing list at AMSAT.ORG courtesy of AMSAT-NA.
> To unsubscribe, send "unsubscribe amsat-bb" to Majordomo@amsat.org
>

----
Via the amsat-bb mailing list at AMSAT.ORG courtesy of AMSAT-NA.
To unsubscribe, send "unsubscribe amsat-bb" to Majordomo@amsat.org



AMSAT Top AMSAT Home