YoungAssociates serves nonprofits in a variety of fields, including arts, history, and medicine

Fundraising in General Solicitation

Thinking beyond cash (KIM #9)

The IRS has ruled privately that a donor can claim an income tax charitable deduction for the contribution of television broadcast licenses provided the donor properly substantiates them. Further ruled, the licenses are treated as long-term capital assets for purposes of section 170(e).
One of the multitude of ways nonprofits can benefit from having discussions with their donors that think beyond immediate cash gifts.

Part of a series: Keep in Mind, tips from the president of YoungAssociates, micro-sized nuggets to startle, energize, and boost your thinking in regard to development. If you enjoy this information and don't want to miss future articles, you can subscribe to receive our fundraising articles via email.