duncans517

  • 1
  • Idea
  • Updated 1 year ago
  • Not Planned
Archived and Closed

This conversation is no longer open for comments or replies and is no longer visible to community members. The community moderator provided the following reason for archiving: case closed

Remove the specific sponsorship per child in the desciption
Photo of Duncans

Duncans

  • 2 Posts
  • 0 Reply Likes

Posted 2 years ago

  • 1
Photo of Sarah

Sarah, Official Rep

  • 5145 Posts
  • 1122 Reply Likes
Duncans, it sounds like you are wanting to cancel the sponsorship for the two children on your account from Colombia. Is that correct? If so, I am so sorry to hear that! Please let us know if there is anything Compassion could have done to serve you better. If this is due to financial concerns, Compassion would be able to cover your support for the months of February through April and reduce your sponsorship rate to $19 per child, per month for May through September. Please let me know if this would help or if you still need to cancel.
Photo of Duncans

Duncans

  • 2 Posts
  • 0 Reply Likes
What? Not sure how you came to that conclusion, lol.
No way! We don't need to cancel. This isn't about financial strain for us. I was just pointing out that the IRS examiner we spoke with during our personal examination denied our ability to write off our contribution because the children's names were listed on the end of the year statement.
My suggestion is just for Compassion to leave the children's names off the statement.
Photo of Susan

Susan

  • 7386 Posts
  • 1582 Reply Likes
Duncans, I sincerely apologize for our confusion. We appreciate the feedback and I am looking into this further. I will let you know what I find out. 
Photo of Susan

Susan

  • 7386 Posts
  • 1582 Reply Likes
Official Response
Duncans, I apologize for the delay. This post got put on my backburner for a bit. 

The IRS has two tests related to determining tax deductible gifts and donations - intended benefit and control.  Compassion passes these tests (making donations to specific children acceptable) based on the following criteria:

 

  • Gifts are tax deductible because Compassion is the recipient of the donation and maintains full control over the gift process (from receipt to purchase of the gift to communication of the gift and from receipt to programming that benefits the child).
  • Corporate policies and programs address gift donations and distribution. Budgets are created regarding gift donations.
  • We purchase gift items for the child and provide programming that benefits the child rather than giving cash to a child. Compassion also communicates to donors that we have full control and discretion of donations and that gifts are used appropriately to benefit the child.
(Edited)

This conversation is no longer open for comments or replies.