Question

Evaluate the importance of the hidden costs mentioned in the case that were not explicit cash...

Evaluate the importance of the hidden costs mentioned in the case that were not explicit cash outlays or when the donors did not require a receipt for tax purposes.

Homework Answers

Answer #1

By going through the given problem, I assume that it is with respect to donation has been and donor dont take receipt for donation.

When donor dont take receipts and dont claim the donation in its tax return then there might be a chance that institution to which donation has been made dont use the given donation on the purpose for which it is raised.

Primary motive behind donation is to help a cause and tax saving is always a secondary motive and not main motive, so it is must to take receipt whenever donation is made so that its application should be on the cause for which it is raised

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