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Bargain Sale

  • 1.  Bargain Sale

    Posted 18 days ago

    Hello Friends!

     

    What should we put in the property description of a bargain sale receipt? These happen so infrequently here, so I appreciate your guidance. I think we need something more than the description of the item.

     

    Aaron

     

    Aaron Forrest CPA

    Senior Director Gift and Donor Services

    University of Rochester Office of Advancement

    Larry and Cindy Bloch Alumni and Advancement Center

    300 East River Road

    Rochester NY 14627

    Office 585.275.2799 / Fax 585-273-4558

    Email aaron.forrest@rochester.edu

     

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  • 2.  RE: Bargain Sale

    Posted 18 days ago
    It is a description of the item being sold, plus a reference to the percent reduction of the sale price for charitable purposes.  If the donor specified an amount rather than a percentage, the very few times I have had one I've converted the amount to a percent below list price.  I do what I can to avoid mentioning any amounts in the receipt.

    John

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

    Serving the Advancement Community Since 1987






  • 3.  RE: Bargain Sale

    Posted 18 days ago

    "50% Bargain sale of Flux Capacitor?"

     

    Aaron

     

    Aaron Forrest CPA

    Senior Director Gift and Donor Services

    University of Rochester Office of Advancement

    Larry and Cindy Bloch Alumni and Advancement Center

    300 East River Road

    Rochester NY 14627

    Office 585.275.2799 / Fax 585-273-4558

    Email aaron.forrest@rochester.edu

     

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  • 4.  RE: Bargain Sale

    Posted 18 days ago
    Depends on whether it comes with a DeLorean.  I'm not sure the flux capacitor will work without it.

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard