Legal Question in Tax Law in California
private fund raising
We have a friend who is undergoing brain surgery and extensive chemo which has taxed their resources to the breaking point. A large group of friends would like to hold a fundraiser to help the family. Are their legal ramifications we should know about and is there a possibility that donations can be tax deductible? We feel we'll get more donations if they are. Please help us understand what we should/can do. Thanks very much.
Asked on 4/05/08, 3:51 pm
1 Answer from Attorneys
Jeb Burton
The Burton Law Firm
Re: private fund raising
About the only way you are going to be able to make this tax deductible is if you get a charitable organization involved (or start one) that will handle the gifts. Good luck.
Answered on 4/07/08, 1:05 pm