[Hidden-tech] Re: pro bono work
Lynne Rudié
lynnerudie at verizon.net
Thu Dec 4 11:55:41 EST 2008
I disagree, but everyone's situation is different. When I take on a
large pro bono project it's going to be for someone who appreciates my
time and wants me to be able to get whatever non-monetary benefit is
available. My accountant doesn't need to get into the details and it
doesn't take her any extra time, all she needs to see is that I have
cancelled checks for donations I made to non-profit agencies. There's
nothing wrong with making a donation to an organization you work for,
especially if they are doing good work in the world.
Lynne
On Dec 4, 2008, at 11:44 AM, Jan Werner wrote:
> I can see why the accountants love this, particularly if they are
> paid by the hour, but otherwise I don't see any advantage in this
> approach.
>
> All you are doing is relabeling your pro bono work as a cash
> donation, but you cannot legally gain any tax or other material
> benefit from doing this. In general, most service providers and
> professionals are better served by the good will generated from
> recognition for pro bono work than for making cash donations to a
> cause.
>
> Jan Werner
> ___________
>
> Lynne Rudié wrote:
>> ** Be sure to fill out the survey/skills inventory in the member's
>> area.
>> ** If you did, we all thank you.
>> Here's what I do for pro bono work, when the deduction is important
>> enough (i.e. when the amount is large enough). I bill for the work
>> and get paid for it and then write the organization a check for the
>> amount they have paid me. This way they get to deduct the cost of
>> my services as an expense and I get to deduct it as a donation.
>> It's very clean and clear, and the accountants love it.
>> However, for smaller bits of work, the return in good will (and
>> possibly future referrals) is more than enough compensation.
>> Especially if I can do the work when I'm not over-the-top busy with
>> paying clients. And an organization that is willing (and able) to
>> plan ahead for when they need to the work to be done is probably
>> going to be a better client than one who can't, whether I'm getting
>> paid for the work or not.
>> Lynne
>> _______________________________________________
>> Hidden-discuss mailing list - home page: http://www.hidden-tech.net
>> Hidden-discuss at lists.hidden-tech.net
>> You are receiving this because you are on the Hidden-Tech
>> Discussion list.
>> If you would like to change your list preferences, Go to the
>> Members page on the Hidden Tech Web site.
>> http://www.hidden-tech.net/members
More information about the Hidden-discuss
mailing list