Once you’ve received your approvals from the City of Madison for your park project, you can enroll your project with the Madison Parks Foundation. As a 501(c)(3) organization, we provides tax deductible status to your project efforts by receiving and receipting donations received, saving you valuable time and work. Additionally donors can use our website to make their donations online.
- Your organization can create a named fund with a minimum of $250. (There is a 5% administrative fee that is applied to each donation received. If you would like to set up receiving gifts for your project online, there is an additional 3% fee. However, the entire gift supports Madison parks and is considered a charitable gift. All community organizations have operating costs. In general, revenue from contributions helps in part to support them whether or not a formal gift “fee” is identified. Large fundraising organizations, for example, typically charges fees of 15% or more.)
- Madison Parks Foundation has 501(c)3 status and therefore can serve as the fiduciary agent for your project. This allows donations to your project to be eligible for a 100% tax-deduction, as applicable in your specific financial situation or allowed by law.
- Madison Parks Foundation can receipt and thank the donors who donate $50 or more to your project, saving you valuable time and efforts.
- Madison Parks Foundation can serve as a quick and easy to use resource for your supporters who wish to donate online.
As a 501(c)3 organization, we are a valuable resource for neighborhood park projects. As a tax exempt repository for the funds you raise for your project, we promptly send thank you letters to your donors indicating the amount of their donations for tax purposes. All project donations are allocated to your specific improvements and can be accessed readily when your project is completed.
Online Donations: In addition, the Foundation can serve as a quick and easy to use resource for your supporters who wish to donate online.
For those without a website, or who wish the added benefit of having their project listed on the Foundation’s website, we offer the option of a landing page on the Our Projects page.