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    Official Not-For-Profit Status Set For Kuttawa Cannonball Run
    #1
    Great news for an even greater event, https://www.speedonthewater.com/offi...annonball-run/
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    #2
    Founding Member / Super Moderator Ratickle's Avatar
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    That is a good thing I believe for the charities they help.
    Getting bad advice is unfortunate, taking bad advice is a Serious matter!!
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    #3
    Founding Member fund razor's Avatar
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    No. Donations made to the event are not automatically 100% deductible depending on your individual circumstances and whether you received any goods or services from the event. Your gift acknowledgement will state the value of any such consideration and the net potential deduction.
    Consult your tax advisor.
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