In-Kind Gifts

An in-kind gift is a voluntary contribution of goods or services that can be used to advance and/or support the mission of 蘑菇视频网 (CWI) and may qualify as a charitable deduction for the individual(s) making the gift.

How to Donate In-Kind

All potential in-kind gifts must be evaluated by a representative from the College to ensure the gift can advance the mission of CWI and determine if the gift is for the College or the Foundation.

If the College accepts your in-kind gift, you will be asked to complete an In-Kind Gift Acceptance Form.

If the donor is unable or unwilling to complete this form, the receiver may complete the form and check the appropriate box.
The College representative receiving the gift may not offer tax advice or dictate the value of the contribution.
It is the responsibility of the donor to determine the fair market value of their in-kind gift.
Once the donor has irrevocably transferred possession of the item, the College representative receiving the gift may sign and date the In-Kind Gift Acceptance Form.
Signed forms should be given to the Foundation immediately for processing and acknowledgment to the donor.
The Foundation will notify the Business Office of the contribution and immediately transfer possession to the College as appropriate.

Item Value

The Internal Revenue Service (IRS) allows an individual to deduct the full fair market value of a donated item if it is accepted by the Foundation and used for one of its tax-exempt purposes. It is the sole responsibility of the donor to determine the value of a contributed item; the acceptor cannot assign a value to the donated item(s).

For gifts with values exceeding $5,000, it is the donor’s responsibility to complete and submit the form to the Foundation for signature. The College's Vice President of Advancement, Vice President of Finance, and Coordinator of Donor Acknowledgment and Recognition are the only individuals authorized to sign 8283 forms. Signing an 8283 form is an acknowledgment of the receipt of donated goods by the Foundation and is not an endorsement of reported value.