The Empower Little Heroes 50/50 Raffle, organized by Coldwell Banker Schmidt Family of Companies, is a fundraiser benefiting The Cleveland Clinic Foundation, a tax-exempt 501(c)(3) organization. Raffle tickets will be sold at www.LittleHero.givesmart.com from November 1, 2021 at 8:00 a.m. EST. to December 3, 2021 at 8:00 p.m. EST. The cost for raffle tickets are as follows: one ticket for $10, three tickets for $25 and fifteen tickets for $100. 50% of the proceeds raised will be awarded to the winning participant and the other 50% will be retained by The Cleveland Clinic Foundation to be used for charitable purposes. Per IRS rules, the amount paid for raffle tickets are not gifts to the charitable organization and do not qualify as deductible charitable contributions.
Participants may purchase as many raffle tickets as they wish. Participants must be legal residents of the United States and 18 years or older as of the date of entry. Only one eligible person may be entered in the Raffle per ticket sold. If the name of more than one person is submitted with a Ticket purchase, the Ticket contains incomplete information, or the Ticket is otherwise deemed noncompliant with the Official Rules, then that Ticket will be deemed to be void and another Ticket will be drawn. The prize drawing will take place on December 3, 2021 after the close of the Raffle. The winning Raffle Ticket winner will be selected by Coldwell Banker Schmidt Family of Companies by a random drawing of all eligible Raffle Tickets purchased. The winner will be contacted by Coldwell Banker Schmidt Family of Companies on December 3, 2021 by email, and the selected Raffle Ticket winner will be posted on LittleHero.givesmart.com at that time.
The Winner may incur income tax liability based on the value of the Prize. The Cleveland Clinic Foundation assumes no responsibility for the Winner's taxes and/or legal obligations and suggests the Winner consult his/her tax and/or legal advisor. The Winner will receive applicable tax forms which must be executed and returned, along with a copy of the Winner's driver's license, other acceptable form of identification, prior to receipt of the prize. If the Winner does not provide the previously stated information within thirty (30) days of the conclusion of the raffle, the prize will be forfeited and retained by The Cleveland Clinic Foundation. The Prize disbursement will be executed via check within sixty (60) days of the Winner's submission of the executed tax forms and all other required documents.