Author Topic: Receipts for Donations canbededucted from your income taxes  (Read 1242 times)

cheers

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Receipts for Donations canbededucted from your income taxes
« on: September 23, 2010, 01:00:41 PM »
This is not mentioned by an Anchorman of DYRD when asking donations on air.  It should be announced that donations must be issued a receipt.  As far as I have known TBN Volunteers Club Inc. is a registered club that issues receipts for donors and benefactors.  I have traced it in BIR.  My relatives are always donating to the club through Gerry Pabe but he did not gave any receipt of the donations.  I am a bookkeeper of a prestigious company in our city and any donation given by my employer will be deducted from his income tax, like the taxes withheld by our customers.  Let all the benefactors asked a receipt since they  can deduct it from their income tax.  To all associations and other organizations let us practice honesty in receiving donations.  Give an updated audited financial statements to the concerned government agencies. To all government agencies let these organizations produced it especially they are collecting money from our OFW's sacrificing their lives outside our country.   

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JellyBean

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #1 on: September 25, 2010, 04:07:25 AM »
I have eye witnessed what goes on in TBN during the program. I have also taken pictures of Pabe writing and recording all donations in the log book for the show the patients names, I have also witnessed patients signing a log book that they have received such amount of donations.

Pabe is a good person and would not steal from anyone or any organization. I am aware of the many look persons in need of medical help who go in there very hungry when going on air to ask for help.

These people show up at DYRD Studios as early as 4PM at times.

I know AE Damalerio told me that there was an xxxxxx amount of money handed over to TBN in a check form just for the exclusive use of the TBN show.

Also the donation of 10 thousand never was turned over to the show until now that was from another private donor.



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cheers

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #2 on: September 25, 2010, 10:15:58 AM »
gud day jellybean it is not on the taking down of Gerry Pabe that I am questioning.  It is in the financial statements.  For what is the taking down of the notes that the Government agencies concerned should take actions whether the organization receiving the donations are practicing the right way of issuing receipts and reporting financial statements.  AE Damalderio's fund that was given out was issued a receipt I think because it is a government fund.  And perhaps only that will be reported by the TBN Volunteeers' Club, Inc. which is a registered institution.  The Donors are giving or entrusting it to Gerry Pabe since the club had its address at DYRD.  And the name of the Club was made by Gerry Pabe but he is not practicing the proper protocol of submission of proper documents to the government agencies concerned. It has been an issue by Mayor Dan Lim that DYRD is not remitting financial documents to the City Treasurer.  Perhaps this is true so that we could trace whether the money received by Pabe is accounted and audited by the Accountant of DYRD or the accountant of the TBN Volunteers' Club.

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Scarb

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #3 on: October 08, 2010, 01:56:31 AM »
 Taas na sa pikas lambo(Pads term) anhi napod mo zumpay hee³

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Scarb

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #4 on: October 08, 2010, 02:00:56 AM »

  My relatives are always donating to the club through Gerry Pabe but he did not gave any receipt of the donations.

 I am a bookkeeper of a prestigious company in our city and any donation given by my employer will be deducted from his income tax, like the taxes withheld by our customers.


Tarunga ha? Kana wlay trampa§  ;D

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Logical consequences are the scarecrows of fools and the beacons of wise men. ~ Thomas Henry Huxley~

Romans 10:9
"That if you shall confess with your mouth the Lord Jesus, and shall believe in your heart that God has raised him from the dead, you shall be saved."
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wolfpack823

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #5 on: October 08, 2010, 02:10:29 AM »
Taas na sa pikas lambo(Pads term) anhi napod mo zumpay hee³
I-bookmarked ko lang usa ni, aron dali lang pangitaon og naa na ko sa mood.

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luckybelle

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Re: Receipts for Donations canbededucted from your income taxes
« Reply #6 on: October 08, 2010, 09:29:06 AM »
;)

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