Sponsorship cheques

[nickburt]

I'm sure I read about this somewhere, but ...... if I can find it again.

If a company/business donate (sponsor my entry) by cheque, what's the best way of dealing with that cheque.

Should it be payable to the charity, or to me (an account set up to hold donations in - we have an old (empty) deposit account that would gain a bit of interest too).
If to me and put into the savings account, a single payment could be made once all monies are in.
Obviously, I would keep records of the account for tax and other "tracability" purposes.

[tpb4x4]

If the company need a receipt for their payment, get them to make the cheque payable to 'Macmillan 4x4 UK Challenge' and send it to Peter Rowland with your team details (and then put the amount on the 'raised offline' bit on your Justgiving Page.

Or if the company don't need a receipt or any acknowledgment you can put it into your account and then you pay it onto your JG account and add the gift aid as well.

[nickburt]

If the company need a receipt for their payment, get them to make the cheque payable to 'Macmillan 4x4 UK Challenge' and send it to Peter Rowland with your team details (and then put the amount on the 'raised offline' bit on your Justgiving Page.

Or if the company don't need a receipt or any acknowledgment you can put it into your account and then you pay it onto your JG account and add the gift aid as well.

OK, thanks for clearing that up for me.

[DerekC]

Hi just received a cheque for £100 it is made out to macmillan cancer support, any recommendations on what to do, do I need to contact the company who sent me the cheque to get the payee name changed to macmillan 4x4 challenge or will i be able to send cheque to Peter for him to cash it.

Regards Derek

PS have also e:mailed Peter about this.

[tpb4x4]

Hi just received a cheque for £100 it is made out to macmillan cancer support, any recommendations on what to do, do I need to contact the company who sent me the cheque to get the payee name changed to macmillan 4x4 challenge or will i be able to send cheque to Peter for him to cash it.

Regards Derek

PS have also e:mailed Peter about this.

Best thing is to send it to Peter with your team number/info and he will bank it against your figures

[DerekC]

Thanks for that Tim,