“Tax deductibility?” We’re still in the process of trying to get a charity registered. This has ended up being a lot more complex and time-consuming than initially expected down to the uniqueness of our project. We do have some potential donors waiting on it, but again, we need funds to bridge the gap to getting charitable status (best case scenario: this could happen by the end of 2019).
We have talked to people about this but it often comes down to the fact that even if they could hold the money for us, they’d only be able to give it to us if we get non-profit status (and this isn’t a certainty).
Huh, maybe it’s a UK thing? In my US / CA experience, you can get money (and offer tax deductions) from a fiscal sponsor even if you are not a non-profit.
“Tax deductibility?” We’re still in the process of trying to get a charity registered. This has ended up being a lot more complex and time-consuming than initially expected down to the uniqueness of our project. We do have some potential donors waiting on it, but again, we need funds to bridge the gap to getting charitable status (best case scenario: this could happen by the end of 2019).
Could you get a fiscal sponsor? I guess at this point it makes sense to just wait until the end of the year...
We have talked to people about this but it often comes down to the fact that even if they could hold the money for us, they’d only be able to give it to us if we get non-profit status (and this isn’t a certainty).
Huh, maybe it’s a UK thing? In my US / CA experience, you can get money (and offer tax deductions) from a fiscal sponsor even if you are not a non-profit.
Would CEA be willing to accept donations and route them to EA hotel so the donors in the US or UK can get the tax advantage?