The business can deduct the donation if you are a non-profit and supply them with a receipt. Whether you acknowledge them in your flyer or not, they can deduct the cost if you furnish them with a receipt. Why not ask them to donate their own filled basket? I would worry that someone might drop the ball and that the donors would not be happy with what you put in a basket with their name on it.
BEWARE that all states consider Bingo gambling and might require a gaming license to play even if its for a nonprofit. You might even be required to purchase Bingo cards/supplies from the state gaming board.
- Parttimeparli
Links in this post: