Sponsorships Received
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How do you IMPACT the community you serve? – Community Benefit › Forums › CBISA™ › CBISA for Healthcare™ › CBISA Community™ Archive › Sponsorships Received
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adminPosted by: Denise A. Schroeder, Pines Village Retirement Communities, Inc.
Date: April 17, 2015 12:47 PM
We hosted a community event and sold tickets which offsets expenses but are sponsorships for the event considered offsetting revenue?
Appreciate any assistance with this.
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Response: Elisabeth Lucas, The Valley Hospital
Date: April 21, 2015 9:14 AM
Hi Denise,
Yes, I would count any money you bring in as offsetting revenue. With that said, since you are selling tickets, is your event open to “all”? Fees for programs can serve as a barrier to access so I would just make sure your event meets the community benefit objectives. Feel free to email or call me if you have any questions.
Sincerely,
Liz
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