SBR Store adds St. Jude's childrens hospital donation

[TodaysAction]

You did well TA. Oda gave a great donation of nearly 3 purchases by himself.

Thank you but the posters of SBR chipped in a little here, some there and it adds up quick for a great cause. All I did was make a few threads to spread the word and one in which points could be collected for this charity.

oda11 donation was incredible as it was nearly three cards on it's own.

It's nice to see results like this when people work together for a common goal.

[TodaysAction]

you have to be kidding me that you'd try to write off a $30 donation for tax purposes?

daneblazer,

Each card is $30. Tuesday evening has raised over a couple hundred dollars. Every day might not be like that but it all adds up over the course of a year.

[Carseller4]

Well done TA. I remember you suggesting that this be added to the store a couple of months ago.

On a separate thought. SBR should fire its PR staff. Adding a charity to the point store on the same day they lower the daily points for the first post sends a bit of a mixed message. It was going to be hard enough to get folks to part with their points to give to the charity. It will be that much harder with a 16% reduction in income. Such is life.

You beat me to it! My sentiments exactly. Add a charity, then cut a point to make it harder to donate. WOW!

[jgray]

Thank you jgray but I did not mention St Jude's by name unless one counts or other worthy charity as such. The two I donate to the most are the Make A Wish Foundation and Cancer Research Foundation and I hope at least one of them, if not both, can and will be added to the store soon. It's a win-win situation as SBR can use the donation for taxes and the posters can know they're doing something good.

Yeah. If I recall correctly you suggested Make a Wish. The Mrs. and I personally donate to St. Jude's so I'm happy to that as an early option but there are so many worthy charities out there that we can use the points to support, I hope others are added in the future.

[daneblazer]

daneblazer,

Each card is $30. Tuesday evening has raised over a couple hundred dollars. Every day might not be like that but it all adds up over the course of a year.

I was referring more about posters than SBR. I can understand why you'd want to keep a record from SBR's standpoint.

Good idea. I have something to spend my points on now besides pizza.

[Slim]

you have to be kidding me that you'd try to write off a $30 donation for tax purposes?

Why not? Every little bit counts.

[Shortstop]

you have to be kidding me that you'd try to write off a $30 donation for tax purposes?

No, I'm not kidding.

[THE PROFIT]

I'm all for donating to charitable causes & I do it on a regular basis. Used to head up a team for an employer that would raise over a million dollars company wide for juvenile diabetes. Having cancer patients in the family & all the horrible ills going on in the world sometimes its just nice to go to your gambling forum & not be reminded of it!

[tacomax]

you have to be kidding me that you'd try to write off a $30 donation for tax purposes?

What if you want to donate $300 instead? All it needs is an answer from someone. I'm sure that SBR isn't so cheap as to nickel and dime it's posters when they decide to donate their points to a charitable cause.

[Shortstop]

What if you want to donate $300 instead? All it needs is an answer from someone. I'm sure that SBR isn't so cheap as to nickel and dime it's posters when they decide to donate their points to a charitable cause.

Great post taco!

[daneblazer]

Just have a bar or tab on the page in the SBR store for those to enter their names if they wish. It could appear on the memo portion of the check. Not sure if SBR is going to autogen these checks every week, but it could be made to work even if they are. That way when SBR sends a copy of the check to the poster all the poster will need to do is print it for their records.

The only problem with that is that it may create unreasonable paperwork. If SBR is sending the check and we are essentially buying the check for them to send w/ credit I'm not sure how that would work. It's coming out of SBR's account, not the posters.

[acarmelo1]

[sickler]

One question: Whose name will the donation be in?

[PuckOff]

It would be nice if SBR matches the posters donation so that St. Jude can benefit twice. The children need all the help they can.

[ATTACH]9563[/ATTACH]

Good on SBR and a great idea Pavy.

Maybe posters can request a donation be made to whatever legitimate charitable organization that they choose. Here in beautiful and always friendly Canada we have The Canadian Cancer society, Terry Fox Organization for example.

I'm actually impressed with SBR for doing this.

[Boner_18]

At first glance the donation is not deductible by the person making it. I am actually looking at my Fed. Income Tax notes now and will report on the deductibility if I make any findings.

[daneblazer]

Try to explain to the IRS what SBR is. I'm sure that will go over well.

[Bill Dozer]

What if you want to donate $300 instead? All it needs is an answer from someone. I'm sure that SBR isn't so cheap as to nickel and dime it's posters when they decide to donate their points to a charitable cause.

Well, you are donating what SBR donated to you. If posters start thinking of it as their money or earnings vs. a fun prize, it's probably time to start thinking about getting a job.
To answer the general Qs about this offer...It was requested and is a nice thing for posters to be able to do so we added it to the menu. Logistics make it so the donation is coming from a single source, SBR, in batches. We will send those who donate a copy of a cashiers check and a list of those donating, making up the total amount. If you want to personally donate or get a tax write-off, your best bet is taking a cash prize or something you can ebay before heading over to the salvation army.

[JohnAnthony]

Good idea.

My points will likely be used for this.

One question: Whose name will the donation be in?

SBR, of course.

If anyone wants this donation to be written under his name, because it's his points, he might as well start posting under his real name.

When I was very young my father told me there are three levels of giving. The lowest level is when you give and everyone knows you did, the 2nd one is when you give but no one knows except the person you're giving to, and the 3rd and highest form of giving is when you give, and nobody, even the receiver - knows who you are. That's true giving.

[pavyracer]

Well, you are donating what SBR donated to you. If posters start thinking of it as their money or earnings vs. a fun prize, it's probably time to start thinking about getting a job.
To answer the general Qs about this offer...It was requested and is a nice thing for posters to be able to do so we added it to the menu. Logistics make it so the donation is coming from a single source, SBR, in batches. We will send those who donate a copy of a cashiers check and a list of those donating, making up the total amount. If you want to personally donate or get a tax write-off, your best bet is taking a cash prize or something you can ebay before heading over to the salvation army.

I think if you match the posters donations that will offset the tax break SBR will be getting from donating the money on their behalf instead of posters names.

Also SBR didn't donate the points to posters. SBR paid the points to posters for their contributions to the forum. If SBR donated the points then posters wouldn't have to log in daily and post to get the points and everyone with a registered name should be getting points daily regardless if they logged in or not.

[Boner_18]

The bottom line and what Dozer touched on is that if you consider the donation coming from you and not SBR you must consider the points income under § 62 of the Internal Revenue Code. Go ahead and take the deduction so long as you declare the points. You can't get something for nothing (at least when it comes to the Code).

[Shortstop]

So, according to what Bill just said, every item, including every pizza, koozie, shot glass, etc. that has been purchased from the SBR store by a poster is considered a "donation" from SBR to the poster?

Therefore a tax deduction for SBR?

[Boner_18]

Certainly it is a deduction for SBR. Not as a charitable donation since members are not qualified institution but as a business deduction under § 162.

[Shortstop]

Gotcha, thanks Boner.

[JohnAnthony]

I think if you match the posters donations that will offset the tax break SBR will be getting from donating the money on their behalf instead of posters names.

Also SBR didn't donate the points to posters. SBR paid the points to posters for their contributions to the forum. If SBR donated the points then posters wouldn't have to log in daily and post to get the points and everyone with a registered name should be getting points daily regardless if they logged in or not.

It's so obvious you're into "going against the institution" and "****ing the system", you aren't even trying to make sense anymore. You make the real mavericks look bad.

[pavyracer]

It's so obvious you're into "going against the institution" and "****ing the system", you aren't even trying to make sense anymore. You make the real mavericks look bad.

Really? Donating to charity doesn't make sense anymore.

OK.

[investor]

glad to see this... although i'd rather use Jimmy V Foundation since we are all pretty much sports enthusiasts

[JohnAnthony]

Really donating to charity doesn't make sense anymore.

OK.

Donating to charity with "money" that wasn't even yours in the first place, and then claiming credit over it, too? I don't know pavy. As I said in one of my latest posts: If anyone wants this donation to be written under his name, because it's his points, he might as well start posting under his real name.

Otherwise, it goes under SBR.

[pavyracer]

JA,

I think the disagreement is based on the fact that you assume the points are donated by SBR to you daily whereas I assume the points are earned every day by the posters because they have to log in and post to earn them. Why don't posters who don't post anymore getting "donated" points daily?

[Slim]

Really? Donating to charity doesn't make sense anymore.

OK.

It doesn't make sense to me. Most charities are ponzi schemes.

[SBR_John]

I actually think with what Lou said would be provided you could write it off. You can write off a clunker car you give to Goodwill, you certainly should* be able to write off a cash donation. I think* the worse thing that could happen is the IRS in their infinte wisdom would disallow it.

*check with your CPA or tax expert.

[tacomax]

Well, you are donating what SBR donated to you. If posters start thinking of it as their money or earnings vs. a fun prize, it's probably time to start thinking about getting a job.
To answer the general Qs about this offer...It was requested and is a nice thing for posters to be able to do so we added it to the menu. Logistics make it so the donation is coming from a single source, SBR, in batches. We will send those who donate a copy of a cashiers check and a list of those donating, making up the total amount. If you want to personally donate or get a tax write-off, your best bet is taking a cash prize or something you can ebay before heading over to the salvation army.

Thanks for the clarification.

[rjt721]

tacomax: 8/10/05 - 1/13/10

Gone but not forgotten...

[obamaismyuncle]

tacomax: 8/10/05 - 1/13/10

Gone but not forgotten...

[Swinging Johnson]

Where is Taco?