When a constituent donates money but receives something in return, only the portion of the gift above the amount of the benefit is tax deductible.  For example, if a constituent donates $20 and receives a subscription to a magazine valued at $11, the tax deductible portion of the gift is $9.  



If you want to track the benefits received:
     
    • Add a gift
       
    • In the Amount field, enter the full gift amount. Using the example above, enter $20.
       
    • Click the Benefits button and enter the benefits information. Using the example above, enter 'Magazine Subscription' in the Benefit column, '1' in the Count column, '11' in the Unit Cost column, and '11' in the Total Benefit/Value column. Click OK.
    • Click Yes when prompted to update the receipt amount: "The total benefit value has changed. Do you wish to update the receipt amount to reflect these changes?" Using the example above, the receipt amount is $9.
    • Complete the rest of the gift entering the appropriate information such as the fund, campaign, etc.
    • Save and close the gift
       


      If you don't want to track the benefits received:

      1. Add a gift
         
      2. In the Amount field, enter the full gift amount. Using the example above, you would enter $20.
         
      3. In the Receipt amt field, enter the tax deductible portion of the gift. Using the example above, you would enter $9.
      4. Complete the rest of the gift entering the appropriate information such as the fund, campaign, etc.
      5. Save and close the gift