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My business just did a fundraiser for a non-profit. We are gathereing all of the receipts in order to deduct our costs. The non-profit is down our throats on receiving their check and I'm trying to take the time to ensure that they get the most profit. Is there a certain time frame that is normal for the turn around of the profit to the foundation?

Racquel Daniels

 


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   If you are gathering all the receipts, the non-profit should wait for the final total of monies received so they may receive what was was donated to them.  How long ago was the fund raiser?  I have worked in the non-profit field for over 35 years, and know it can take a while until all the receipts have been tallied and the expenses paid.

    Call the non-profit and as to speak with the Executive Director of Chief Financial Officer and tell them the status of the money received.  This should take care of the problem.....and by the way, exactly who was making such an issue over the money?  This is certainly not the correct way to run a non-profit, turning off people who help you.

Posted 2009-10-14T20:58:51Z
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The event was held on 9/19/09. We just received the final invoice on 10/2/09 from our vendor. Thanks for your answer.

Posted 2009-10-14T23:02:09Z

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