Tax Deductions and Donation Letters
For nonprofits:
- LuxGive can provide you with the fair market value (FMV) of each experience. You can use this to issue donation letters to your winning bidders.
- The donation letter is issued by your organization, not by LuxGive. We provide the FMV data; your team handles the donor communication.
- We recommend consulting your accountant on specifics, as tax obligations vary by location and organization type.
For trip winners:
- If a winner needs documentation for tax purposes, direct them to contact your organization. You are responsible for issuing any donation receipts or tax letters.
- LuxGive does not issue tax documentation directly to trip winners.
If you need the fair market value for a specific experience, contact your Fundraising Consultant or reach out via live chat and we’ll provide it.
Updated on: 13/05/2026
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