- Knowledge Base
- UGA Foundation Policies & Procedures
- Revenue
This article outlines UGA’s procedures for documenting charitable contributions, including IRS-compliant gift receipts, disclosure requirements for donor benefits, and fair market value guidelines to ensure accurate tax reporting and donor recognition.
- Knowledge Base
- UGA Foundation Policies & Procedures
- Revenue
This article explains the tax and reporting requirements for charitable auctions and sponsorship revenue at UGA, detailing how fair market value affects donor and purchaser deductions, sales tax obligations, and the classification of sponsorships based on benefits received.