IRS Charitable Contribution 2 - CHURCH OF THE CREATOR®

IRS Links On Contributions:
To Claim Contributions: http://www.irs.gov/pub/irs-pdf/p526.pdf
Charitable Contributions Publications: http://www.irs.gov/publications/p526/index.html

Charitable organizations described in § 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with § 170.

A charitable organization must provide a written disclosure statement to donors of a quid pro quo contribution in excess of $75. A quid pro quo contribution is a payment made to a charity by a donor partly as a contribution and partly for goods or services provided to the donor by the charity. For example, if a donor gives a charity $100 and receives a concert ticket valued at $40, the donor has made a quid pro quo contribution. In this example, the charitable contribution portion of the payment is $60. Even though the part of the payment available for deduction does not exceed $75, a disclosure statement must be filed because the donor's payment (quid pro quo contribution) exceeds $75. The required written disclosure statement must:

Inform the donor that the amount of the contribution that is deductible for federal income tax purposes is limited to the excess of any money (and the value of any property other than money) contributed by the donor over the value of goods or services provided by the charity, and
Provide the donor with a good faith estimate of the value of the goods or services that the donor received.

The charity must furnish the statement in connection with either the solicitation or the receipt of the quid pro quo contribution. If the disclosure statement is furnished in connection with a particular solicitation, it is not necessary for the organization to provide another statement when the associated contribution is actually received.

No disclosure statement is required when:

The goods or services given to a donor meet the standards for "insubstantial value" set out in Rev. Proc. 90-12, 1990-1 C.B. 471, and Rev. Proc. 92-49, 1992-1 C.B. 987 (as updated);
There is no donative element involved in a particular transaction with a charity (for example, there is generally no donative element involved in a visitor's purchase from a museum gift shop); or
There is only an intangible religious benefit provided to the donor. The intangible religious benefit must be provided to the donor by an organization organized exclusively for religious purposes, and must be of a type that generally is not sold in a commercial transaction outside the donative context.

A penalty is imposed on a charity that does not make the required disclosure in connection with a quid pro quo contribution of more than $75. The penalty is $10 per contribution, not to exceed $5,000 per fund-raising event or mailing. The charity can avoid the penalty if it can show that the failure was due to reasonable cause.

Donors taking a deduction under § 170 are required to obtain contemporaneous written substantiation for a charitable contribution of $250 or more. To be "contemporaneous" the written substantiation must generally be obtained by the donor no later than the date the donor actually files a return for the year the contribution is made. If the donee provides goods or services to the donor in exchange for the contribution (a quid pro quo contribution), this written substantiation (acknowledgment) must include a good faith estimate of the value of the goods or services. The donee is not required to record or report this information to the IRS on behalf of a donor. The donor is responsible for requesting and obtaining the written acknowledgement from the donee. Although there is no prescribed format for the written acknowledgment, it must provide sufficient information to substantiate the amount of the contribution. For more information, see Publication 1771, which can be obtained by calling 1-800-TAX-FORM (1-800-829-3676).

For more information, see Updates on Disclosure and Substantiation Rules. Also see IRC 6700 and IRC 6701 and Charitable Contribution Deductions.

Within Church Of The Creator®, and its parent nonprofit corporation, TE-TA-MA TRUTH FOUNDATION- FAMILY OF URI, Inc.

As a lump sum, a large majority of financial support for this organization from 1974 through 2001, has come primarily from a few individuals. Their time, their prayer, their money, through conscious application has established and anchored by living the principles expressed in the documents available for your review.

One principle applied, lived, is demonstration by example. Having made that pact with the Creator, Sacred Mandate, those establishing this working organization as a legal entity, have been held accountable to their pledge to "dedicate our physical embodiments." The process has tempered wisdom, the ability to distinguish between wants and needs, and included some very profound lessons in accomplishing what must be done with what is available.

We believe that the individuals, Council & Board Members, who make collective unanimous decisions, those responsible for the stewarding of the financial assets of this corporation and Church may be trusted to practice what they preach.

Organization goals are exactly as stated, "The Family Unification Of Mankind In All Aspects Of The Whole," nothing less.

The balance of financial funding necessary to accomplish that goal is shifting, from the few to the many. Individuals relatively new in legally anchored association with this organization arrive with the conscious understanding that support must first come from within, from their personal volunteer free will contributions. That understanding becoming action, is attracting support from the public at large interest. Stewards interested n placing assets within their control, through charitable contribution, with organizations operation in the paradigms of the future, not the truncated expressions that deal with the symptoms rather than the cause.

Humanity has been gifted conscious knowledge of principles that can make every individual effort, in every day living, amplified in results. One can represent the whole, Divine Right Order^® does bring positive, constructive change perfectly synchronized to programs and timings beyond our life, our planet and it's systems. Our effort is focused on the causal level of co-creating our reality. Collective amplification through the Office Of The Christ is precipitating current expression of world events, the ongoing purification and refinement. The new heavens and the unified paradigms of living on the new earth are already in operation. The old is crumbling as the new is being built in the midst of the seeming chaos of recreation. Many are thirsting for understanding and for the fulfillment of inner most desires of the heart, to live in a world of Peace, Harmony and Justice. The Divine Inheritance of each and All God's Children is ready for delivery. Your support in infusing that awakening and making the delivery is appreciated.

The relatively new tool of the Internet has enabled us with one posting to the web page, to reach around the planet in an instant. The costs go up when moving the physical bodies. Transport, providing the lodging, feeding the belly are still necessary and expensive. Demand for services is exceeding our ability and personal assets and ability to fund expenses.

Cost of publishing, office supplies, seminars, healing circles, hands on one on one, or one to many distribution of the understanding and application of Divine Law in daily living and the paradigms of collective service is expanding exponentially.

If your heart responds to the principles expressed by this organization you financial contribution by one the of the following avenues, or by any other means you may so desire is gratefully appreciated. If necessary, you may reach us through

Contribute by Credit Card Your Support is Recognized and Appreciated! Mail to: COTC P. O. Box 157 Ashland, Oregon 97520

Grant Writing your Specialty? If the answer to this question is yes, and the expressions of this organization resonate with your heart, you can help manifest the services and specific programs or capital purchases necessary for the next expansions of COTC. For more information or to volunteer your services, Contact TE-TA-MA/COTC

Fund Raising Events - Concerts - Benefits - your Specialty? Ditto the above - your help is needed!

LEGAL STRUCTURE · NON-PROFIT STATUS RECOGNITIONS · CHARITABLE CONTRIBUTION

CHURCH OF THE CREATOR^®is the public ministry expression of TE-TA-MA TRUTH FOUNDATION-FAMILY OF URI, Inc, EIN#94-2385796

Recognized by the US Department of The Treasury, Internal Revenue Service, as a 501(c)(3) tax exempt organization, a Church, by letter of determination dated March 30, 1978. Further recognized by Issue of a Group Exemption Identification Number, GEN #4134, by letter dated July 9, 1985, the corporation is the umbrella, parent organization, of which CHURCH OF THE CREATOR®, EIN#93-0885180 and its Auxiliary Chartered organizations are subordinates.

Cash and Asset Contributions when properly and according to IRS rules, recognized as Charitable Contributions and therefore tax deductible. Contribute On Line By mail: COTC National, P. O. Box 157, Ashland, Oregon 97520

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