Support for District Three Clubs
Local clubs can establish accounts with the District Three Foundation to encourage tax-deductible contributions by businesses and individuals to their projects and fundraisers.
If a Club member or other individual or a business writes a check for a club service project, unless the Club has its own Foundation, the gift is not tax-deductible. If the check is made out to the District Three Foundation, it is tax-deductible.
If a Club member or other individual or a business writes a check payable to the District Three Foundation for a club fund-raising project, they may claim a portion of the cost of the ticket as a tax-deductible gift.
Co-partnering with the Foundation
Co-partnering with the District Three Foundation for tax-exempt status is simple. Complete the application form to establish your club’s account with the Foundation.
Publicize your fundraiser as co-sponsored by District Three Foundation. Donations are tax deductible to the extent allowed by law, and donors whose gifts exceed $250 will be acknowledged by the Foundation in writing, as required by IRS regulations.
The local Club sends the checks made out to the District Three Foundation for a specific project or fundraiser to the Foundation treasurer. To request a check from the Foundation, use the Check Request form specifying the name of the payee and the address to send the check. You must send adequate documentation to support the check request.
The interest from these accounts goes to the Foundation’s General Operating Fund to help with the costs of providing this service.