Is there an advantage to chapters soliciting tax deductible gifts?
Yes. Donors will make larger gifts with the knowledge that their gifts are tax deductible. How to Handle Tax Deductible Fundraisers: If chapters choose to hold a tax deductible fundraiser they need to submit 100% of their gross proceeds to the Foundation. The chapter should: • Instruct donors/purchasers to make their checks payable to the Delta Gamma Foundation. Donations in excess of $250 will be receipted directly to the donor by the Foundation. Thank you notes should go out from the chapter for each gift. • Collect all fundraising checks and send them to Executive Offices using the attached form. List the donor name, address and amount of each gift. We strongly encourage you to make a photocopy of each check before sending them to Executive Offices. It can be used for your records and for thank-you notes. Please do not send cash. Deposit the cash gifts into your chapter account and send a chapter check for the cash donations to the Foundation. • The Foundation will reimburse your ch
