Re: G.S. Cookies/Charitable Contributions - HELP
Bruce E. Cobern (bec@PIPELINE.COM)
Fri, 16 Feb 1996 00:04:01 -0500
On Feb 15, 1996 16:43:15, '"Douglas C. Dygas" <OSG0317@UNLVM.UNL.EDU>'
>Help...I have been trying to find out what portion of the cost of a box
>of Girl Scout cookies is a charitable contribution. I have called the
>council office and was told to check the price of the kind of cookies I
>usually buy in the store and the price difference would be the
What you were told is exactly correct. When you purchase something, like
cookies, from a charitable organization the ONLY part that is deductible is
the amount you pay in excess of the fair market value of the product.
Thus, regardless of how much the Girl Scouts pay for the cookies and how
much money actually goes to the troop or the council, you are only entitled
to a deduction for the difference between what you pay for the cookies and
what you would pay for the same (or equivalent) cookies in the store.
Thus, there is probably not a very large contribution element. My guess
would be that it could not possibly be more than half of the price of the
box of cookies.
Bruce E. Cobern, CPA
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City