How to fill Contributions, Gifts, Grants, and Similar Amounts Received from Commercial Co-Venture?
14 views | Last modified 6/28/2020 11:59:24 AM EST | Added by ExpressTaxExempt Team

Applicable To
990-PF 990-N 990-EZ 990 8868 1120-POL

A commercial co-venture is the arrangement your organization had with an outside organization or an individual to use your organization's name in a sales promotion campaign wherein the latter agrees to contribute a certain percentage of their sales proceeds to your organization.

To fill Contributions, Gifts, and Grants received from Commercial Co-Ventures, you'll need to provide the name of the disqualified person, and tell if the grant received was in the form of cash or noncash. If it's noncash, you need to choose the type of property contributed, and its equivalent FMV (Fair Market Value). 
 

Was this helpful? Yes No

Sign Up for a
FREE ExpressTaxExempt Account!

Register Now

Returning User? Sign in

Couldn't find what you
are looking for?

Contact Us

(704) 839-2321 support@ExpressTaxExempt.com