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Gifts in Kind Procedures

Definition: A gift in kind is a non-cash tangible gift or a gift of service. Examples include paintings, computers, labor, hosting of dinners, etc.

Forward to the Foundation via either a memo or a form (created by your department) a brief description of the gift in kind, including:

  1. Donor's name and address
  2. Type of gift in kind
  3. Value of the gift in kind
  4. Copies of all appraisals/invoices/receipts (donors keep originals). Appraisals are the obligation of the donor.
 

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