Is my registration tax-deductable? What about extra donations?
- Tax-deductable receipts are not provided for virtual event registration as funds from the races are submitted as one lump sum to each charity instead of separate individual donations. The amount donated from registration fees to each charity will vary depending on several factors including how many have registered, the bling and swag for the event, mailing costs, etc. Consult with your tax advisor regarding these registration and donation fees for tax purposes.
- Donations made through your personal fundraising page are handled separately and go directly to the charity – Virtual Charity Events does not touch these funds at any time. Receipts for these donations through your personal fundraising page in most cases are tax-deductable and, when applicable, tax receipts are issued by each individual charity.