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Our products as a fundraiser?

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#1 laurawagner

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Posted 21 July 2015 - 11:22 AM

Has anyone signed up an organization to use our products as a fundraiser? Because non-profits can't be Life members, how do you work out the income tax situation?

 

Thank you,

Laura


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#2 Ammon Nelson

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Posted 22 July 2015 - 02:24 PM

I don't know all the legalities involved with taxes, but on the site you can register a non-profit organization fund-raising program as a customer and, because of the 3-for-free referral program, all of the people who purchase something through the non-profit would be referrals and show up as their customers on their log-in.  Make whatever agreement for percentage of kick-back that they would receive from sales from their referral customers.

You would have to consult with an accountant or other legal/finance/tax professional to find out how the sales tax situation works, but I imagine that there is some sort of form or something to keep track of sales tax paid, that would be taken care of in the tax reporting of the non-profit organization.


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