Can you give cash prizes at a charity bowling event

Asked over 2 years ago - West Yarmouth, MA

i am part of a local 501c3 non-profit organization and am wondering if I can give cash prizes at a bowling fundraising event we are trying to conduct.

Attorney answers (1)

  1. Pamela Koslyn

    Contributor Level 20

    Answered . You should check with the organization's lawyer. Tax exempt entities have to follow certain rules to keep their 501(c)(3) status, which could get jeopardized by not knowing them. Please see the 2 Nolo "how to" guides linked below.

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