ON MARCH 1, 2000, THE INTERNAL Revenue Service issued a revised set of proposed regulations to address the taxation of corporate sponsorship
payments made to exempt organizations, including associations.
The new proposed regulations will likely result in more UBI from corporate sponsorship
Nationwide, corporate sponsorships
are becoming increasingly common and sophisticated as public school officials search for ways to raise money without raising taxes.
Stokka said she will work to maintain fiscal solvency and is concerned about corporate sponsorships
, saying there is potential for abuse.
This new campaign links the growth of Habitat for Humanity's mission around the world with the most comprehensive corporate sponsorship
," said Millard Fuller, Habitat for Humanity International's founder and president.
Supporters of the corporate sponsorship
plan, which has bipartisan congressional backing and the endorsement of the Clinton administration, say companies would be limited in what they could do and say in advertisements and promotions.
Pawson further commented, "We are delighted to have the opportunity to expand the horizons for both companies by way of the acquisition, many joint venture projects are available within the internal operations of the companies, and Cal-Bay will make available the resources to the COBS subsidiary to expand their operations and marketing needs to further grow the company, resulting in maximized market awareness, expanded corporate sponsorship
, increased revenues and profitability.
The corporate sponsorship
deal is the perfect solution, say executives of the nonprofit National Park Foundation, created by Congress in 1967 to funnel private contributions into the park system.
Our association with the NHRA expands the UPS motorsports portfolio," said Patrick Guilbert, UPS vice president of corporate sponsorship
The business initiatives, which include a web-based pro bono management service for large law firms and a corporate sponsorship
program involving legal technology vendors, will be integrated with and support the core nonprofit mission of Pro Bono Net.
amp; NEW YORK -- Capitalizing on NASCAR's proven ability to drive customer acquisition and retention strategies, DIRECTV has signed a corporate sponsorship
agreement with NASCAR (National Association for Stock Car Auto Racing) that will give the nation's leading digital television service exclusive rights among subscription television distributors to use the NASCAR brand in marketing and advertising promotions through early 2010.
Thompson says this relationship between Sprint and Bon Jovi goes beyond the traditional corporate sponsorship
in that it will resonate with both Bon Jovi fans and Sprint music customers alike.