EXPLANATION OF HOW WE CAN GIVE 100% OF NET PROCEEDS FROM SALES AND DONATIONS TO NO-KILL ANIMAL RESCUE SHELTERS AND FACILITIES

Here's how we are able to do it . . .

All products we offer at fund raisers are given to us (gifted) free. IRS rules state that no monies we receive from the sales of these gifts – can in no form whatsoever – inure back to any member of board. 

In addition to those gifted items costing us nothing, we are an all-volunteer charity and our pet loving volunteers pick up our minimal overhead and operating expenses. We therefore are in an enviable position of having no facility running costs.

Yes, there are costs to us paying for live and on-line fund raisers. However, the net monies we receive after paying all fund raising incurred expenses goes to helping no-kill animal shelters and facilities.  The keyword is, "net"  and here are two examples that may help to better explain net proceeds: 

1)   We hold a catered fundraiser in a banquet hall. Donations totals $23,786. We are charged $5,836 for the hall, food, open bar, wait staff, other listed miscellaneous charges and for the band and entertainment. Net proceeds are $17,950 ($23,786 less $5,836). The event's net income will benefit our supported no-kill animal rescue shelters.

2)   Gifted products are sold on Etsy. A example sale is made for $30.00. The customer pays the shipping cost but Etsy charges a listing and transaction fee of 10% that also includes their fee to use their option to print the shipping label. The net proceeds Etsy sends to our bank account is $22.00 ($25.00 less their fees total fees of $3.00).

 

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