Is Champions for Literacy a 501 (c)(3)?
Champions for Literacy will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from their own professional advisors to assist them in the process of declaring contributions for tax purposes.
What is Champions for Literacy's Federal Tax ID number?
Federal Tax ID number (also known as an FEIN): 46-3588150
Are donations made to Champions for Literacy tax-deductible?
Yes, monetary donations to Champions for Literacy are tax-deductible; however, certain donations in which the donor receives a good or service in return for a donation are not tax-deductible or may be only partially deductible.
Will I receive a contribution report?
Yes, every year in which you are a part of Champions for Literacy's team you will receive a report of your contributions. Note: as described above, some contribution reports will display less than what you donated due to the fact that you received a good or service in exchange for the donation.
How long does it take to receive an acknowledgment of donation?
You will receive an automatic email confirming your monthly donation membership with Champions for Literacy. Donors will also receive a year-end report of contributions prior to December 31st.
Does Champions for Literacy have any organizational policies?
Coaching for Literacy seeks to be transparent and above reproach in all of our activities. In order to be a member of good standing nationwide we have adopted a Whistle Blower Policy, Contribution Policy, and Conflict of Interest Policy, and can all be read on our Policies page.
Does Champions for Literacy share its financials?
We focus to make financial decisions that we believe provide the highest measure of positive impact in the nationwide Fight for Literacy. For questions regarding our financial health, please feel free to contact our staff. You can also review our Form 990 submissions on our About page.
Does Champions for Literacy recycle its #Green4Literacy apparel?
Each year hundreds of coaches and players wear #Green4Literacy gear to promote childhood reading. To ensure the majority of our funds go straight to kids in need of literacy support, we offer our partners the opportunity to recycle and reuse the gear they use to promote the cause!
Can you give to Champions for Literacy via check?
Make checks payable to Champions for Literacy. Our mailing address is 1350 Concourse Avenue, Suite 437, Memphis, TN 38104. If you're sponsoring a #Fight4Literacy Game or donating as a sustaining member please write that in the memo of your check.
Can you make gifts to Champions for Literacy via stocks?
Yes, we accept stock gifts. Please email us at email@example.com with the name of the stock, the number of shares you plan to donate, and the expected donation date. From there we will provide you with the specific instructions.
Can you donate a vehicle to Champions for Literacy?
Yes! We’ve partnered with Charitable Adult Rides and Services (CARS) to make donating your car easy. Your donation is even eligible for tax deductions. CARS accepts most working vehicles including cars, trucks, motorcycles, trailers, boats and more. Start your donation here.
Literacy Partners FAQs
If I received a grant of $2,500 or more, what items do I have to report on?
All three of the items listed above that are due by September 30th annually – the Impact Report and the two different stories (Impact Story and Human Interest Story)
What is the difference between the Impact Story and the Human-Interest Story?
The Impact Story is intended to communicate the impact the grant funds had on your organization. Whereas. the Human Interest Story is a story specific to an individual in your organization (student, teacher, prior student, etc). Click on each story to get more details and an example to help guide you.
What time period am I reporting on?
The reporting time period is from receipt of the grant to September 30th.
What if I plan to use the funds for the current school year?
That’s okay! We know the timeline isn’t ideal for schools. In the Impact Report, note that you are reporting on the intended use and projected outcomes.
What if I have not fully utilized all the grant funds prior to the reporting deadline?
That’s okay! We at least need to know the plan for how the funds will be used, and a new reporting deadline needs to be approved. Please email firstname.lastname@example.org if this is the case.
What if I am not sure how to utilize the grant funds?
Give us a call and we’ll share some of the awesome ways our other partners are utilizing the funds and help you find an appropriate use.
What happens if I don’t submit the reports on time?
We understand things come up, but let us know if you foresee that as the case. We take timeliness and quality of reporting into consideration when deciding who we will partner with in future years.
If I am allocating the grant funds to Summer Intervention or Embedded Programming, can the funds be used for ALL expenses related to the intervention?
Unfortunately, no. The grant funds are intended to be for literacy resources specifically being used to help increase literacy rates, and therefore items like cleaning supplies, meals, and general classroom supplies do not fit into our qualified uses.
Fan Donations FAQs
How does the Fight for Literacy’s donation component work?
With permission from the sports team partner, Coaching for Literacy (CFL) will invite the team’s
fans to donate $10 and give local children 2 books.
Where will the money raised go?
100% of funds raised by your fan’s teams will remain in your community directed toward the
agreed-upon literacy program partner.
How will CFL solicit donations from your team’s fans?
Utilizing the platform created via the Fight for Literacy game, CFL will solicit contributions from
your team’s fans through the following media channels: press release, PA read (optional), radio
shows and social media.
Will solicitations be made in arena?
Unless media assets are purchased through your media provider, there will be no in-arena
How many games will the campaign be active?
The fundraising effort will be promoted by CFL for the entire season while the partner team can
choose to promote the campaign in any fashion it chooses.
How will CFL secure donations?
CFL will use an online fundraising platform to generate donations for this campaign. Your
market may also be identified as one in which CFL will host a #Fight4Litearcy week. This
provides additional opportunity to raise money by engaging local businesses, organizations and
schools by hosting day- or week-long programming timed to your event.
Will CFL provide reporting of funds raised and funds allocated?
CFL will provide a full report on the funds raised and funds allocated upon the campaign’s
conclusion to both the sports team partner and the general public.