Donation Policies

Thank you letters and year-end statements

Thank you letters with IRS reporting information are only issued to donors who contribute money or in-kind goods or services directly to The Beacon of Hope Service. For those who donate two or more times cumulatively in one year, a “year-end donation statement” detailing those donations can be issued upon request. If you would prefer to receive one statement detailing your total annual giving, rather than multiple thank you letters throughout the year, please call Barbara Stone at 828.649.2941 or e-mail thebeaconofhope@frontier.com.

Thank you letters for in-kind goods and services donations will list only the specific good or service donated, without a market dollar value assigned. This market value is for the donor to determine with their tax advisor. People or organizations donating in-kind goods or services to a third party (to event or auction organizers) can receive an acknowledgment letter from THE BEACON, but specific donated items will not be noted.

The Beacon of Hope will distribute a 501(c)3 letter and tax id number only to donors who are donating directly to The Beacon of Hope Service. People who are soliciting money or goods and services on The Beacon of Hope’s behalf will not be able to use the 501(c)3 letter or tax id number.

Events (Organized by Third Parties)

Items donated to the event (food, set up equipment, etc.) will not be acknowledged as donations to The Beacon of Hope Service. The proceeds from the event (minus the value of any goods/services THE BEACON provided) will be acknowledged as a tax-deductible donation to The Beacon of Hope from the third party and the organization or individual will be sent a thank you note with IRS reporting information.

Auctions (Organized by Third Parties)

Items donated to the auction will not be acknowledged as donations to the The Beacon of Hope. The proceeds from the auction (minus the value of any goods/services The Beacon provided) will be acknowledged as a tax-deductible donation to The Beacon from the third party and the organization or individual will be sent a thank you note with IRS reporting information.

Raffles (Organized by The Beacon of Hope Service)

Legally, The Beacon of Hope can hold only two major raffles per year. Winners of raffle prize packages valued at more than $600 must submit a W9 to The Beacon of Hope and The Beacon will submit a W-2G to include with their taxes. Donors who provide in-kind goods/services for the raffle prizes will be issued a thank you letter from The Beacon of Hope Service with the IRS reporting information for the specific goods/services only. No market dollar value will be assigned by The Beacon in the thank you letter.

Drawings (Organized by The Beacon of Hope Service)

Tickets are free to participants. Donors who provide in-kind goods/services for the drawing prizes will be issued a thank you letter from The Beacon with the IRS reporting information for the specific goods/services only. No market dollar value will be assigned by The Beacon in the thank you letter.

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