Fillable WUF C-UPDATED 10 20 14 Final Fillable Newlogo1 (Winthrop University)

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WUF C-UPDATED 10 20 14 Final Fillable Newlogo1 (Winthrop University)

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We welcome your questions – please call X2229 or email Brenda Floyd floydb@winthrop.edu or Robin Embry embryr@winthrop.edu.
Winthrop University Foundation
WUF-C Accounting for Fund-Raising Event and Quid Pro Quo
Return to: WUF Finance Office, 302 Tillman Hall
Submit a separate WUF-C for each deposit. This form must be sent with an Asset Transmittal Form (WUF-B).
Date:
Name of Event/Program:
Date of Event:
Fund Number:
Contact Name:
Contact Phone Number & Extension:
Development Officer:
(if different from contact)
Name of Donor:
Amount Collected:
Less Value of Quid Pro Quo to Donor**:
Net Gift Portion:
(to be receipted)
Completed By Date
* IRS Compliance: A quid pro quo contribution is defined as a payment made partly as a contribution and partly for goods or services
provided to the donor by the charity. (Ex: a donor pays $100 to attend a dinner event; the market value of the food and entertainment is
$40; accordingly, $60 would be a gift.)
**Please note that the "value" of the quid pro quo is not what it costs Winthrop University, but the market value of the goods, services, or
benefit.
IRS rules require that donors be informed of the amount of their "contribution" which may be deductible as a charitable gift. Check with
the Foundation Office to ensure statements on promotional literature (invitations, tickets, etc.) for fundraising events comply with IRS
rules. Attach copies of promotional materials to this form.
This form must be submitted for all deposits where donors have received any quid pro quo* associated with their gifts.
Signature
IRS compliance requires that the value of the quid pro quo be stated on the gift receipt produced by the Foundation.
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WUF C-UPDATED 10 20 14 Final Fillable Newlogo1 (Winthrop University)

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Completed 21 July 2020

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