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    Tax Information

    Information about tax deductions for your charitable donations to TixGiving Foundation.

    501(c)(3) Tax-Exempt Status

    TixGiving Foundation Inc. • EIN: 33-4094834

    TixGiving Foundation Inc. is a registered 501(c)(3) tax-exempt public charity. Donations may be tax-deductible to the extent allowed by law.

    Ticket Donations

    When you donate tickets to TixGiving Foundation, you may be eligible to claim a charitable deduction for the fair market value of the tickets.

    Two-Stage Receipt Process

    Following IRS best practices for non-cash donations, we use a two-stage receipt process:

    • 1.
      Acknowledgment Letter — Issued when your donation is approved. This confirms receipt of your donation but is not your final tax document.
    • 2.
      Final Tax Receipt — Issued after the event has passed or tickets have been claimed by beneficiaries. This is the official document for tax purposes.

    What Your Final Receipt Includes

    • Written acknowledgment of your completed donation
    • Description of the donated tickets
    • Statement that no goods or services were provided in exchange
    • A statement that we do not appraise or value donated property (valuing it is your responsibility under IRS Publication 561)
    • Our organization's EIN for your records

    Fair Market Value (FMV) Guidelines

    Donor Responsibility

    As a donor, you are responsible for determining and substantiating the fair market value of your donation. TixGiving Foundation cannot provide tax advice or determine FMV for you.

    Determining Fair Market Value

    The fair market value is generally the price at which the tickets would sell on the open market. Consider:

    • •The original face value of the tickets
    • •Current resale market prices for similar seats
    • •The date and desirability of the event
    • •Seat location and quality

    Documentation Requirements

    For donations valued at $250 or more, you'll need:

    • •A written acknowledgment from TixGiving Foundation (we provide this)
    • •Documentation of how you determined the FMV

    For donations valued at more than $5,000, additional requirements including a qualified appraisal may apply.

    Monetary Donations

    Cash donations to TixGiving Foundation are generally tax-deductible. You will receive a receipt for your records after your payment is processed.

    For donations of $250 or more, keep your receipt as documentation. For donations made by credit card, your statement serves as additional proof of the donation.

    Important Disclaimer

    The information provided here is for general guidance only and does not constitute tax advice. Tax laws are complex and change frequently. Please consult a qualified tax professional for advice regarding your specific situation and the deductibility of your charitable contributions.