It’s the season of giving: member donations
December 2, 2019
A trade association may solicit and accept donations of money, goods or services from its members to defray the operating, administrative and solicitation expenses of the association’s SSF. The donations are not considered “contributions” and are not reported to the FEC, but they must be kept in a separate account from any SSF contributions.
If a member donates prizes or entertainment for an association's SSF fundraising event, the SSF must apply the “one-third rule” and reimburse the association if the donated items are disproportionately valuable compared to the amount raised by the event.