Low-cost fundraisers are defined by Washington as certain types of events with the sole purpose of generating small contributions. Low Cost Fundraisers are reported with the event date, description of the event, and will disclose the lump-sum amount from participants who paid $50 or less.
What are qualifying events?
There are certain events that will qualify as a Low Cost Fundraiser.
- Retail sales of goods or services at a reasonable approximation of their fair market value
- Gambling operations that are conducted in compliance with the state gambling laws
- Food and beverage events where the admission price and or the cost for the food and beverages shall not exceed $25
- Entertainment events where the admission price does not exceed $25
What are disqualification events?
There are certain events that do not qualify as a Low Cost Fundraiser.
- Goods or services that are being sold at over the market value
- Food, beverage or entertainment events that have an admission price exceeding $25
- Any auction, donation, or similar sale where the item exceeds more than $50
- Any event with no stated admission prices or if a donations are accepted is displayed
How do I enter proceeds from a Low Cost Fundraiser?
- Navigate to Lists, then select Other Entities
- Add a Monetary Contribution or Other Income in the amount of total proceeds with the date of the fundraiser
How do Low Cost Fundraiser Proceeds appear on the C3?
- On any PDC versions of the Form C3, Low Cost Fundraiser Proceeds appear as Contributions in Section 3
- On any Seattle versions of the Form C3, Low Cost Fundraiser Proceeds appear as Misc. Receipts (Line 1D)
