I work for a New York State 501 C 3, state tax exempt organization. A very 
generous restaurant owner has offered my organization a full sit-down 
benefit dinner, including drinks, dessert - - the works. This is the first 
time he has done this and we were wondering about taxes and IRS 
implications. I am assuming we don't have to pay taxes on what the dinner 
would have cost, if we were paying for it. I am also assuming he can take 
the write off for the cost of the dinner and whatever losses he will have 
for closing the restaurant for the evening.

Is there a particular place I can direct him to to get answers to these 
questions? Anyone ever been involved in a similar event that may have advice 
or feedback?

Thanks in advance for any thoughts on these questions.

Best,
Sheryl Woodruff

Director of Operations
Greenwich Village Society for Historic Preservation
www.gvshp.org

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