Charitable Giving with Barter
Barter can make it easier to give to your charity of choice, by offering an alternate way to donate.
Many companies make charitable contributions, but many companies don’t realize that these contributions can come in the form of barter dollars as well. Companies pay taxes on barter dollars at the end of the year, just like cash profits. Many companies look to use their barter accounts to donate to charitable organizations. This donation is treated exactly like a cash donation. It is tax deductible and brings the same value to a non-profit.
Charitable organizations always need donations to help their cause, pay their employees and run their operations. Donations and fundraisers raise money for all of these purposes, but non-profits can always use more money to support their mission.
The charitable organization can use the barter dollars to offset their operational expenses like printing, accounting services or IT services. Or they can use the barter dollars to purchase auction items, like tickets, gift certificates, hotel stays or other entertainment to help raise money for their organization. However non-profit uses the barter dollars, it is a great way to save or raise more cash to pay employees and support their overall mission of helping others.


September 15th, 2010 at 7:47 am
I’d like some information on how your “Charitable Giving” program works. We have a registered 501-c-3 animal related non-profit.
Thank you.