How Non-Profit Organizations Can Save Money on Airline Tickets: A Guide to Tax-Exempt Benefits
The Cost of Air Travel for Non-Profit Organizations
Non-profit organizations have to keep an eye on their expenses, and airfare can be a significant cost. Airlines offer a variety of discounts to non-profit organizations, but not all of them are aware of these options. As a result, non-profit organizations end up paying more than they need to for air travel. The good news is that non-profit organizations can save money on airline tickets by taking advantage of tax-exempt benefits.
Tax-Exempt Benefits for Non-Profit Organizations
Non-profit organizations are exempt from many taxes, including federal excise tax, which is a tax on transportation. This means that non-profit organizations can save money on airline tickets by not having to pay this tax. In addition, non-profit organizations can take advantage of other tax-exempt benefits, such as reduced rates on airport fees and fuel surcharges.
How to Save Money on Airline Tickets
There are several ways non-profit organizations can save money on airline tickets:
1. Use a travel agent: A travel agent can help non-profit organizations find the best deals on airfare. Some travel agents specialize in working with non-profit organizations and can help them take advantage of tax-exempt benefits.
2. Book in advance: Non-profit organizations can save money on airline tickets by booking in advance. Airlines often offer lower fares to customers who book early.
3. Look for discounts: Airlines offer discounts to non-profit organizations. Non-profit organizations should check with the airlines they use to see if they qualify for any discounts.
4. Use frequent flyer miles: Non-profit organizations can use frequent flyer miles to save money on airfare. Many airlines allow non-profit organizations to transfer miles to their account, which can then be used to purchase flights.
Case Study: How a Non-Profit Organization Saved Money on Airline Tickets
The American Cancer Society (ACS) is a non-profit organization that raises funds for cancer research and patient support. The ACS needs to fly its staff and volunteers to events across the country, and airfare was a significant expense for the organization.
The ACS partnered with a travel agency that specializes in working with non-profit organizations. The travel agency helped the ACS take advantage of tax-exempt benefits, including reduced rates on airport fees and fuel surcharges.
The ACS also used frequent flyer miles to save money on airfare. The organization asked its supporters to donate frequent flyer miles, which were then used to purchase flights for ACS staff and volunteers.
As a result of these efforts, the ACS was able to save thousands of dollars on airfare each year, which was then used to support cancer research and patient support.
Conclusion
Non-profit organizations can save money on airline tickets by taking advantage of tax-exempt benefits. They can work with a travel agent, book in advance, look for discounts, and use frequent flyer miles to reduce the cost of air travel. By doing so, non-profit organizations can allocate more of their resources to their mission and goals.