Information and guidelines for fundraising
Families should direct all donations to their FSP page or through the Reece’s Rainbow PayPal account (as Friends & Family to firstname.lastname@example.org being sure to put the family name in the ‘notes’ in PayPal.)
- ONLY shipping costs for fundraiser items can be sent separately to a personal PayPal account.
- Advocates are required to use the Reece’s Rainbow PayPal account for any online fundraisers. (email@example.com)
Firstly, online raffles are illegal in ALL of the US States. For your give-away to be legal and not considered a raffle, please make sure:
Fundraisers using outside businesses or multi-level-marketing opportunities and payments for goods or services can be made directly to the business. Donations or costs related to other businesses are not tax deductible.
5. If you use social media or a blog to post about your giveaway you must direct the donors to your FSP page to make their donation. You may request a screenshot of their donation receipt before sending any goods or services. If you need, Michelle can confirm the donation for you.
For definitions of various types of fundraisers please CLICK HERE.
- Again, all online raffles are illegal in every state in the US. Raffles combine all three elements of (i) pay-to-play, (ii) prize, and (iii) random drawing. A promotion with all three of these elements is a lottery (i.e., form of gambling). Without a free way to enter, your fundraiser is legally considered a raffle and is therefore, illegal.
- The free entry has to be understandable and visible on the online fundraiser.
- You will not be allowed to share your fundraiser in any of the Reece’s Rainbow groups if it is illegal.
- These are IRS laws, not RR’s but they must be followed by ALL of our families and advocates.
If you have any questions, just ask firstname.lastname@example.org
This post was confirmed as accurate and up to date on 9 June, 2015 per IRS laws [stated by legal council]