Special events such as galas, dinners and golf tournaments are a popular way for charitable organizations to raise awareness and attract donors to important causes. These events generate a great deal of excitement, 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