How do I redeem my digital coupon?
Once you make a donation, you will receive a link in an email following your contribution. Once you enter the retail store of the discount you would like to apply, you will show the email you received to the appropriate business personnel. This person may write down your name to keep track of your one time redemption (this is only during the soft launch, August - September of 2019). Then, they will apply the discount to your purchase.
How much of my money is going to the nonprofit?
For this soft launch, your entire donation will go to the nonprofit. Aside from 2.9% + .30 cents per donation that will go toward payment processing.
Can I itemize my donation?
The following information can be found at: https://www.irs.gov/taxtopics/tc506
You can only deduct charitable contributions if you itemize deductions on Form 1040, Schedule A.pdf, Itemized Deductions.
To be deductible, you must make charitable contributions to qualified organizations. Contributions to individuals are never deductible. To determine if the organization that you contributed to qualifies as a charitable organization for income tax deduction purposes, refer to our Tax Exempt Organization Search tool. For more information, see Publication 526, Charitable Contributions and Can I Deduct My Charitable Contributions?
If you receive a benefit from the contribution such as merchandise, goods or services, including admission to a charity ball, banquet, theatrical performance, or sporting event, you can only deduct the amount that exceeds the fair market value of the benefit received.
For contributions of cash, check or other monetary gift (regardless of amount), you must maintain a record of the contribution:
A bank record or a written communication from the qualified organization containing the name of the organization, the amount, and the date of the contribution.
To determine if your CommStrong contribution(s) are deductible, you must deduct the fair market value of goods or services, including discounts received, from your donation. Please consult your tax adviser if you have questions regarding your specific transaction made through Comm Strong.
Why is this only happening for one month?
CommStrong is beta-testing for proof of concept during the month of August. Digital coupons will be available for redemption through September 30th. Following the introduction of this program, further development will be made for higher functionality and automation. Your feedback is greatly appreciated!
For any further questions, please contact email@example.com. We’re more than happy to answer any questions you may have!