- Apr 19, 2009
I think that is where everyone is confusing this. They still have to buy the ticket. Here is how I understand it:Then you have to pay for a seat for that ticket.
1. Donation required to purchase a right to buy a seat- $250 per seat (Not tax deductible)
2. Extra donation to RAF- Minimum of $1500, to receive additional benefits, granted based on giving level. (Tax Deductible)
3. Cost to buy the ticket.
So, assume you want four tickets, you have to donate $1000 (4 x250). If you want extra benefits, the minimum to get parking, hospitality, etc. is $1500.
Then you buy your tickets.
You don't have to donate over the $250/seat, but if you don't, you don't get seat as good as you did (RAF Donor Level) or parking and hospitality (Founders, Commonwealth Room) or other benefits.
This is not the result of anything new. It is in response to the Tax bill passed a couple years ago and allows them to sell tickets without the IRS excluding the entire donation. Without this, the entire donation could be disallowed. With it, only the right to purchase the seat part is disallowed. The rest of the donation to the RAF is deductible (within other limitations).