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February 2012 » Charitable Donations: The Role...
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Bruce M. Bird, JD, CPA, MST, and Michael Hopper, MPAcc, and Mark A. Segal, JD, MLT, CPA, and Lynn Bible, PhD
The past several decades have witnessed a significant increase in the popularity of affinity credit cards. Most affinity credit cards are issued to cardholders through an arrangement with a credit card company or bank. Cardholder purchases during the year result in charity receiving payments from the credit card company or bank. A charity participating in an affinity card program also often receives cash payments based upon new customer sign-up fees or annual customer renewal fees.
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