Special events for fundraising such as galas, dinners and golf tournaments are a popular way for charitable organizations to raise awareness and attract donors to important causes, but they can also result in headaches if compliance issues are overlooked.
The following is a summary of some of the more challenging compliance issues associated with special events.
Quid Pro Quo Contributions
The term quid pro quo (which means “something for something” in Latin) means an exchange of goods or services when