RE: [taxchat] Charitable Contribs to Non-Profit if officer/director ?

It’s fine.  In fact, it’s usually expected.  I’ve served on several non-profit boards, and all board members were more or less required to contribute.  When applying for grants, one of the first things the foundation managers ask is, “Do you have 100% board participation (i.e., giving)?”

 

Chuck

 

From: taxchat@yahoogroups.com [mailto:taxchat@yahoogroups.com] On Behalf Of JoJo Zawawi
Sent: Wednesday, October 01, 2008 4:12 PM
To: taxchat@yahoogroups.com
Subject: [taxchat] Charitable Contribs to Non-Profit if officer/director ?

 

I don't know much of anything about Non-Profit rules.  Can a person who is an Officer/Director (in this particular case, it is both) of a non-profit corporation make charitable contributions to that non-profit corp (and write them off on his own Sch A) ?  I don't see why not, but wanted to make sure.

 

Thanks,

JoJo
..............................................................................................................................................................
Music:  http://www.myspace.com/jojozjojo * http://www.new.facebook.com/pages/JoJo-Zawawi/16883556821
Blog:  http://www.mysteriousperson.com/MYSTERIOUSPERSON/thezblog/

 

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