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Stipend as Gift

  • 1.  Stipend as Gift

    Posted 17 days ago
    Hi all,

    We have two staff members who are members of a committee that the College gives them an additional stipend for.  They would like to forego this stipend as a gift to the College.  We are told by the business office that this will not be tax deductible.  The Advancement office would like them in our system as a pledge/for reporting purposes.

    Any advice on how to handle this request?  It is unusual.

    Thanks a bunch,

    Hannah Baskin
    Hartwick College

  • 2.  RE: Stipend as Gift

    Posted 17 days ago
    To make the gift tax-deductible, the employees must first be paid the income.  Somehow it must be reflected in their W-2 or 1099.  Otherwise, this becomes a contribution of service which the IRS does not recognize as being deductible.

    While you might make a note in your CRM of this generosity, perhaps by assigning soft-credit only, you cannot count the corresponding value in fundraising totals per CASE.


    John H. Taylor
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987

  • 3.  RE: Stipend as Gift

    Posted 17 days ago
    I just had this situation.  The employee will receive their stipend and then give us a check for the donation.  This allows for tax credit for the donor.

    Tina Gorski-Strong
    Chief Advancement Officer
    Bancroft School
    110 Shore Drive
    Worcester, MA 01605