26 U.S.C. § 6115 : US Code - Section 6115: Disclosure related to quid pro quo contributions

Search 26 U.S.C. § 6115 : US Code - Section 6115: Disclosure related to quid pro quo contributions

(a) Disclosure requirement
If an organization described in section 170(c) (other than
paragraph (1) thereof) receives a quid pro quo contribution in
excess of $75, the organization shall, in connection with the
solicitation or receipt of the contribution, provide a written
statement which -
(1) informs the donor that the amount of the contribution that
is deductible for Federal income tax purposes is limited to the
excess of the amount of any money and the value of any property
other than money contributed by the donor over the value of the
goods or services provided by the organization, and
(2) provides the donor with a good faith estimate of the value
of such goods or services.
(b) Quid pro quo contribution
For purposes of this section, the term "quid pro quo
contribution" means a payment made partly as a contribution and
partly in consideration for goods or services provided to the payor
by the donee organization. A quid pro quo contribution does not
include any payment made to an organization, organized exclusively
for religious purposes, in return for which the taxpayer receives
solely an intangible religious benefit that generally is not sold
in a commercial transaction outside the donative context.