Booster Club Membership

In order to accept a payment from a donor-advised fund (DAF), the following must apply: No donor or individual related to the donor will receive any goods, services or other more than incidental private benefits. Examples may include but are not limited to: If the grant is for an event or gala, it does not pay for tickets or any goods purchased at auction. If the grant is for a membership, the membership must be considered 100% tax deductible. The payment may not be a bifurcated payment; meaning the donor-advised fund has provided the deductible portion and the donor intends to provide the non-deductible portion separately. Any payment received that does not adhere to these guidelines will not be deposited, and the payment will be returned to the DAF.