You are here

Nonprofit Issues

Login or become a subscriber to access all articles and full printable versions of each issue

February 1-28, 2014

February 1, 2014 to February 28, 2014
Lead Stories
Ready Reference Page
Issue Notes
To the Point

Deduction for rent donation?

A donor to our nonprofit Hindu temple allowed us to use his investment property as housing for our priest. He refused to take the token rent we offered him and asked that it be counted as a donation. When we give him a donation letter at the end of the year, should we add this rent amount to the cash amount that he donated? Or should we spell it out differently?

Sign-up for our weekly Q&A; get a free report on electioneering