How to do Gift-in-Kind Receipts

December 20, 2008 at 7:55 am Leave a comment

A common problem is how Groups can provide tax receipts for non-monetary gifts.  The proper way to accomplish this, according to Chuck McIlravey, is to:

– have the donor provide the item and invoice the Group for its’ value

– the Group pays the invoice by cheque

– the donor then donates the full amount back to Scouting through the CEC office, cheque payable to Scouts Canada, marked as specifically for the Group (this last point is important).

– CEC will then accept the donation, issue the receipt, and issue a cheque to the Group

Remember that it will normally take 30 to 40 days before your Group receives its’ funds back.

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Entry filed under: Fund Raising, Important, Messages, Warnings.

Mercury – Scout Week Special Section CEC Annual Reporting Meeting

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