Donate to the Fredericksburg Food Co-op

Your donation to the Fredericksburg Food Co-op will cover startup expenses to open the store.

Make your donation today! Direct donations to the Food Co-op are not tax deductible.

You can make a tax-deductible donation to the Fredericksburg Food Co-op through our fiscal sponsor, Cooperative Development Fund of CDS. The Fund meets the requirements for a charitable and educational institution as described in Chapter 501(c)3 of the federal tax code and demonstrates compliance by filing annual financial statements (Form 990) with the IRS.

TAX-DEDUCTIBLE DONATIONS

  • Donations should be made by check. Credit card donations are not accepted. However, donations of publicly traded stock are possible. Contact us if you are interested in this option.
  • Mail your check payable to “Cooperative Development Fund of CDS” to:  Fredericksburg Food Co-op, PO Box 1398, Fredericksburg VA 22402. We will forward your check to the Fund. Please do not use other organizational names such as “CDS” or “Cooperative Development Services.”
  • Donations are not the same as member-ownership. No item of value (e.g. membership share, voting rights, member discount, etc.) will be provided to donors of charitable gifts.
  • Donations of $200 and above will be recognized in writing by the Cooperative Development Fund. The Fund will send a written letter of acknowledgement; donors will need such letters for their records should they seek to deduct their gift on their tax returns. Donors of less than $200 have other options for supporting their claim of deductibility (typically their cancelled check) and will not receive a  letter of acknowledgement.
  • Use of funds. The mission of the Cooperative Development Fund is to support the wise use of cooperative approaches through education and development. Donations will be used to facilitate the development of our cooperative. Permitted uses include professional fees, supplies, inventory, employee payroll and benefits, building renovations and  furnishings, etc., related to project development.
  • Administrative fees. Administrative fees are collected by the Cooperative Development Fund and are calculated on a sliding scale as follows: 10% of all donations received up to $75,000; a marginal rate of 8% of total contributions between $75,000 and $125,000; and a marginal rate of 6% when total contributions are in excess of $125,000. Administrative fees are used to cover expenses for the Fund such as staff time to research, develop, file, and maintain state registrations; accounting, audit expenses, and check fees, among others.

THANK YOU FOR YOUR SUPPORT OF THE FREDERICKSBURG FOOD CO-OP