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Support Saskatchewan 4-H by donating items for the Picture Auction and \'Buy a Square\' fundraiser at the AGM from March 22-24, 2023. Your contributions help enrich 4-H programming.
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Prize donation items refer to goods or services provided as prizes in contests, raffles, or other promotional events, typically meant to encourage participation or reward individuals.
Organizations or individuals who host contests, raffles, or events offering prizes that exceed a certain value are generally required to file prize donation items.
To fill out prize donation items, you must provide accurate details about the donated prizes, such as their description, fair market value, and the donor's information. Follow any specific guidelines provided by the relevant authorities.
The purpose of prize donation items is to ensure transparency regarding the prizes being offered, maintain fair practices in contests, and comply with tax regulations associated with donations.
Information that must be reported includes the donor's name, the prize description, its fair market value, and the date of the donation or event.
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