SPONSORSHIP
SPONSORSHIP
SPONSOR an activity including a single event, a series of related events, an activity of extended or indefinite duration, and/or continuing support of our exempt organization’s operation. Your payment may be a qualified sponsorship payment regardless of whether the sponsored activity is related or unrelated to our organization’s exempt purpose(s).
You can sponsor one of our programs, operations, or choose from areas of interest to support our mission.
Note on your sponsorship what you wish to Sponsor.
Thank you in advance for your Sponsorship!
Reference:
IRS DEFINITION OF A QUALIFIED SPONSORSHIP:
Qualified Sponsorship Payments
Qualified sponsorship payments are not unrelated business income. Treas. Reg 1.513-4(c)(1) defines a qualified sponsorship payment” as any payment of money, transfer of property or the performance of services, by any person engaged in a trade or business, where there is no arrangement or expectation that the person will receive any substantial return benefit in exchange for the payment.
The Regulations apply to all forms of corporate sponsorship activities and not just single events. Sponsored activities may include a single event, a series of related events, an activity of extended or indefinite duration, and/or continuing support of an exempt organization’s operation. A payment may be a qualified sponsorship payment regardless of whether the sponsored activity is related or unrelated to the organization’s exempt purpose(s).