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URL:  http://boards.fool.com/i-am-a-college-student-at-a-public-university-15974564.aspx

Subject:  Re: The non-profit consultantcy Date:  10/23/2001  11:06 AM
Author:  Charlie48K Number:  54773 of 121564

I am a college student at a public university, and a member of one of its organizations (read non-profit) that will be doing consulting work for businesses. In return for our services, we will ask clients for a donation as a way to raise funds. I realize client donations probably won't be charitable because of the benefit factor, but how does the IRS place value on consulting services? Going market value? Increase in sales?
Any insights would be appreciated.


You're asking for the donation to be made to your group? I think that could make you a business, ie offering services for compensation. Don't you have an accounting professor who could give your organization some advice? (Non-profits have to be registered with the IRS, is yours?)
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