Financial Information

Your generous contributions to United Way of Denton County are tax-deductible to the extent permitted by law.

In order to claim a charitable deduction on your income tax return, your electronic contribution must have been received by 5 p.m. on December 30th. Donations made by check and submitted by U.S. mail must have been postmarked by December 31.

United Way of Denton County routinely provides documentation for tax purposes to all donors who contribute at least $250 via cash, check, credit card, or stock gifts. (For such contributions under $250, you may request a tax receipt by sending an email to community@unitedwaydenton.org. Please provide your name, address, approximate date of contribution and amount.) You should expect to receive your tax receipt by U.S. mail no later than January 31. The IRS requires that gifts made through payroll deduction be documented through earnings statement(s) provided by your employer along with a copy of your pledge card.

Please call 940-566-5851 if you have questions.

The Board of Directors for the United Way of Denton County (the “Organization”) has established an Audit Committee (the “Committee”) to provide independent assistance to the Board of Directors in the oversight of: accuracy and integrity of the Organization’s financial statements; compliance with legal and regulatory requirements; external auditors appointment, remuneration, and independence; the effectiveness of the Organization’s internal, audit function; the Organization’s accounting processes, principles, and reporting; and the Organization’s audits. The committee will consist of at least three members of the Board of Directors who meet the independence requirements of the Sarbanes Oxley Act 2002. At least one member must meet the “financial expert” requirements of the Sarbanes Oxley Act of 2002 and the other members must be financially literate. A Committee member may not serve on an audit committee of another public company without Board of Directors approval.

The Administration and Finance Committee will meet a minimum of twice a year or at the call of the Chair. Members of the Committee will: develop and review financial and administrative policies; assist with the development and oversight of the annual budget; serve as part of the Building and Grounds committee, providing recommendations regarding property and equipment needs to the Board; review and make recommendations on office space lease; review needs for technological upgrades and make recommendations as necessary; review United Way of America Membership requirements and report results to the full Board of Directors; review financial policies and make any needed recommendations for additions or changes in light of new regulations for non-profit organizations; review Personnel Policies and Procedures and make recommendations for revisions; and review insurance policies for adequate coverage and costs every two years, or as necessary.

• Guidestar

June 30, 2008 and 2007

• United Way of Denton County Statements of Financial Position

• 2007-08 Annual report from United Way of Denton County (16 page PDF)