4 ms·
Interesting to note that two people (companies) ponied up the max of $33,333. > If you donate $33,333 I will write a blog post about you, your company, or your
by 8ig8 14y ago
Interesting to note that two people (companies) ponied up the max of $33,333.
> If you donate $33,333 I will write a blog post about you, your company, or your product on TheOatmeal.com. My site averages 7 million unique visitors and 30 million page views. In the three years TheOatmeal.com has been online it's been read by over 100 million people and received nearly one billion page views.
- amirmansour 14y agoThe OatMeal facebook page said that second $33,333 donation pushed it to the finish line.
- 8ig8 14y agoOftentimes donation in support of museums would be tax deductible since the recipient in a 501(c)3 non-profit. I don't believe this is the case here. Regardless of status, since the 'donor' is getting something in return it's a moot issue. Edit: Thanks jaredsohn. I wondered as I typed that. One of those words I say, but rarely write.
- jaredsohn 14y agomute -> moot
- sciurus 14y agoThe money is goin gto a nonprofit. http://www.teslasciencecenter.org/about/ http://www.teslasciencecenter.org/about/
- 8ig8 14y agoEven though it is a non-profit, I _think_ the donation is not considered a tax write-off because the donor is receiving something in return: a photo, a sticker, a T-shirt, advertising (blog post).
- reitzensteinm 14y agoThe companies should be able to deduct it fully. The museum aspect, non profit status etc doesn't matter. It's a legitimate marketing expense - they're paying the money to get on the front page of The Oatmeal, the same as if it went straight in The Oatmeal's pockets.
- dpeck 14y agoit depends and the amount can vary. I buy season tickets for my colleges football team and the seats I request have a minimum donation value required with them. all goes to a 501 3c, but if I recall its deductible at 70% of donation value.
- adorton 14y agoWouldn't it be like making a pledge to a local public broadcaster? You get gifts for those, but they are still tax deductible.
- cschmidt 14y agoLike jamesmcn says, you have to deduct the fair value of the gifts from your donation. Usually the gift receipt says the amount.
- jamesmcn 14y agoThe last time I checked, if you receive something for your donation, you have to subtract the value of whatever you received from your total donation amount. You can then claim that difference as a deduction on your taxes. Example: Donate $100 to PBS and receive a $10 CD. Subtract the value of the CD from the donation: $90. You can claim a deduction of $90 on your taxes. But in the case of a corporation, treating the whole thing as a marketing expense is probably easier and would yield the same result. [I'm not a lawyer or tax accountant or any other kind of authority on taxes. Check with the IRS or competent council before filing your taxes!]
- jamesmcn 14y agoI'm also bad at spelling.
- mparlane 14y agoOne of the donators was: Joseph Sikorski "FRAGMENTS FROM OLYMPUS-The Vision of Nikola Tesla" Joseph Sikorski: co-author/director The other was anonymous, but I doubt it will stay that way considering they chose the write-up reward.
- dkokelley 14y agoThat's a $1.11 CPM ($4.76 per unique) for fairly decent coverage. TheOatmeal.com is actually closer to a celebrity endorsement. If being pro-Tesla fits into their marketing strategy, this is a steal of a deal.
- rplnt 14y agoI wonder if it is Tesla Motors.
- slouch 14y agoElon Musk said it wouldn't be a good use of Tesla Motors' money (but probably contributed personally): http://jalopnik.com/5935362/elon-musk-pledges-to-support-nikola-tesla-museum-project http://jalopnik.com/5935362/elon-musk-pledges-to-support-nik...