Sponsorship of the MILITARY LIBRARIES DIVISION of the Special Libraries Association


	List of Partners Military Libraries Workshop 2006 MLW 2005 MLW 2004 MLW 2003 MLW 2002 MLW 2001 MLW MLD Partners for the SLA Conference 2007 SLA Conference 2006 SLA Conference 2005 SLA Conference 2004 SLA Conference 2003 SLA Conference 2002 SLA Conference 2001 SLA Conference
	SLA Partnership Information. On August 6, 1997, President Clinton signed into law the Taxpayer Relief Act of 1997. Along with hundred of other provisions, the new law addresses the federal income tax treatment of corporate partnership income received by non-profit organizations such as SLA. The new law allows as tax-exempt the activity of soliciting and receiving qualified partnership payments. A qualified partnership payment is defined as any payment made by any individual or entity engaged in a trade or business where there is no arrangement or expectation that the partner will receive any substantial return benefit other than the use or acknowledgment of the partner's name, logo, and product lines in connection with the activities of the tax-exempt organization (SLA) that receives the payment. Consequently, the following acknowledgments are permissible: * Partner's logos and slogans that do not contain comparative orqualitative descriptions of the partner's product, services, facilities, or company. * Partner's locations, addresses, and telephone numbers. * Value-neutral descriptions, including displays or visual depictions of the partner's product line or services. * Partner's brand or trade names and product or service listings. Conversely, the law states that use or acknowledgment does not include advertising the partner's products or services, including the following: * Qualitative or comparative language about a partner's products,services, facilities, or company. * Price information or other indications of savings or value associated with a product or service. * An endorsement. * An inducement to purchase, sell, or use the partner's products orservices. (However, the distribution of a partner's product to the public at a partnered event-for free or for a charge-would not be considered an inducement to purchase, sell, or use the product.) In addition to the interpretation of the tax-exempt partnership classification, it is important to properly classify in kind partnership transactions, whereby additional benefits are offered to the donor in onjunction with the partnership. Accounting examples specific to SLA's chapters and divisions include the following: * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, provides signage acknowledging the organization's partnership. The transaction is considered tax-exempt and the proper accounting for the transaction is $500 of partnership income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, places an acknowledgment of the organization's partnership in the unit's next publication. The transaction is considered tax-exempt and the proper accounting for the transaction is $500 of partnership income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, provides a verbal acknowledgment of the organization's partnership at the next meeting. The transaction is considered tax-exempt and the proper accounting for the transaction is $500 of partnership income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, offers a free advertisement in one of your publications which is valued at $100. The transaction is partially unrelated and the correct accounting for this transaction is $400 of partnership income and $100 of advertising income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, offers a free tabletop exhibit to the partner. The exhibit space is valued at $100. The transaction is tax-exempt and the correct accounting for this transaction is $400 of partnership income and $100 of exhibits income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, offers a tabletop exhibit to the partner. The exhibit space is typically offered free of charge. The transaction is tax-exempt and the correct accounting for this transaction is $500 of partnership income and $0 of exhibits income. * An organization provides a $500 partnership for one of your meetings. Your unit, in turn, allows the organization to make a presentation of its products and services at the meeting. The transaction is tax-exempt and the correct accounting for this transaction is $500 of partnership income.


	MILITARY LIBRARIES DIVISION of the Special Libraries Association MLD Partnership Information - The Military Libraries Division welcomes inquiries from potential and current partners. MLD offers several partnership opportunities throughout the year, athough the primary events requiring partnership are at the annual SLA conference and the Military Librarie's Workshop. For more information, please contact the Sharon Lenius and Wendy Hill Co-Chairs of the Resources Committee.