Worldchanging's charity auction -- kick-ass bargains!

Alex from Worldchanging sez, "We're doing an ideas auction to benefit Worldchanging: cool conference tickets, adventure science trips, art and design, all of which is about the kinds of innovation we cover here. Bidding is not exactly hot, which means somebody has the chance to walk away with some real steals here! This is really phenomenal stuff -- platinum passes to SxSW, original limited-edition Ed Burtynsky prints, a trip to see polar bears in their native habitat -- and most of it is currently going for a small fraction of the street price. Plus, because it's a charity auction (all proceeds benefit Worldchanging, a nonprofit), U.S. taxpayers can get a tax deduction as well! Awesome (and cheap) prizes, a good cause, and money saved on taxes. Seems like a good deal! The auction closes 10:00 a.m. Friday ({acific time). So only one day to get these deals!"

Crazy-great bargains on awesome stuff at Worldchanging's charity auction (Thanks, Alex!)

[#1 posted by Anonymous, May 13, 2009 7:32 PM]

The e-bay listings say your purchase is tax deductible. That is wrong. Any amount that you pay above the street value is tax deductible but the total purchase price is not tax deductible.

[#2 posted by Anonymous, May 14, 2009 6:01 PM]

Anonymous is absolutely correct about the tax deductibility. Only the excess you pay over *street value* is deductible. I am a CPA and tax accountant, and I was ready to make that exact comment. Thank you, Anonymous.