ERIC Number: EJ405577
Record Type: Journal
Publication Date: 1990
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
A Closer Look at the Law.
McNamee, Mike
Currents, v16 n4 p18-19 Apr 1990
Charities have an obligation to give donors "accurate and sufficient information concerning the deductibility of contributions." Donors must subtract any benefit of "substantial value" from their gifts. The value of a benefit is based on its fair market value, not on its cost to the charity. (MLW)
Descriptors: Donors, Fund Raising, Higher Education, Laws, Legal Responsibility, Nonprofit Organizations, Tax Deductions, Taxes
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
