Proof That Event Proceeds Were Used For A Charitable Purpose

Documentation to prove that event proceeds were used for a charitable purpose may include: (1) Cancelled checks which state the purpose of the payment and which are endorsed by and identify the payee shall be one form of acceptable documentation; (2) Signed and attested board minutes; (3) A copy of the organization’s balance sheets and monthly statements should be provided to substantiate that funds have been earmarked.