Arnel Pineda Foundation and the heart logo are trademarks of Arnel Pineda Foundation. Arnel Pineda Foundation trademarks may not be used, copied or imitated, in whole or in part, without the prior written consent of Arnel Pineda Foundation.
One Heart for Hope is very thankful of your willingness to organize special events and raise funds in support of the Foundation. We are grateful to have volunteers offer their services to raise funds on the Foundation’s behalf. In order to maintain ethical standards and integrity of the Foundation, protect its organizers, for donors and volunteers enjoy the event, and comply with the laws of a non-profit public charity organization, we have set guidelines and offer some stipulations into the process that are to be followed and legitimately benefit the Foundation’s mission.
The information is intended to be helpful, and is designed for the protection of you, the fundraiser, as well as the Foundation.
Prior to organizing any fund raising efforts, please contact One Heart for Hope Foundation at merlita@oneheartforhope.org to receive detailed fundraising procedures and guidelines. Thank you for your cooperation and understanding.
ONE HEART FOR HOPE . 27472 Portola Parkway, Suite 205-250 . Foothill Ranch, California 92610 email - info@oneheartforhope.org
ONE HEART FOR HOPE and the heart logo are trademarks of One Heart for Hope Foundation. One Heart for Hope trademarks may not be used, copied or imitated, in whole or in part, without the prior written consent of One Heart for Hope Foundation.
Events must comply with all federal, state and local laws governing charitable fund raising, gift reporting and special events.
Tax Deductibility of Event Ticket Price
The IRS requires that all tickets, invitations or entry forms state what portion of the ticket price is tax-deductible if the price is beyond the fair market value of the event itself. For example: A cocktail dinner costs $100 per person for the entertainment, food and drink; the cost of the ticket to attend the gala is $250; only $150 of each ticket sold is tax deductible.
a. Each item of a Silent Auction should be valued at the Fair Market Value. This value must be listed on the Bid Sheet at the auction table, as well as in any printed list of the auction items.
b. Donors of the items for Silent Auctions should provide the Fair Market Value of their item/service. If the item is a ‘collectible,’ reasonable efforts should be made to assess the value.
d. Only winning bids that are over the stated Fair Market Value will receive receipt information on their charitable gift.
e. If an item is not valued, or valued as priceless, the final auction bid then establishes the item’s fair market value, therefore no portion is tax-deductible.
Raffles, Lotteries, Games of Chance
There is no charitable gift for a raffle ticket, lottery or any game of chance. No receipt will be issued for money collected through these means.