Legal Question in Tax Law in California

In a not for profit youth sports association, is it against the law or IRS regulations to give appreciation awards to volunteer board members (awards are like a shirt w/logo, or backpack w/logo, etc. less than $50 each, only 1 per person). No board members are paid any salary and serve for a minimum two year term.


Asked on 1/27/10, 11:29 am

1 Answer from Attorneys
Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

It is perfectly fine to give logo items of nominal value. This is really a form of marketing/advertising. This will not affect your non-profit status.

I hope this helps!

Ron Cappuccio

www.NonProfitEsq.com

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Answered on 2/01/10, 5:20 pm


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