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This document is used for the transmittal of gift-in-kind donations to the Florida Atlantic University Foundation, detailing donor information, gift information, and related requirements.
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How to fill out gift-in-kind transmittal form
How to fill out Gift-in-Kind Transmittal Form
01
Obtain the Gift-in-Kind Transmittal Form from the organization.
02
Fill in the date on which the gift is being made.
03
Provide the donor's information, including name, address, and contact details.
04
Describe the gift being donated, including the type of item, quantity, and any relevant specifications.
05
Assign a fair market value to the gift, ensuring it's reasonable based on similar items.
06
Include any conditions or restrictions on the use of the gift, if applicable.
07
Sign and date the form to validate the donation.
08
Submit the completed form to the organization’s designated contact.
Who needs Gift-in-Kind Transmittal Form?
01
Individuals or organizations making a non-cash donation to a charitable organization.
02
Donors who require documentation for tax purposes.
03
Charitable organizations that need to track in-kind donations for accounting and reporting.
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What is Gift-in-Kind Transmittal Form?
The Gift-in-Kind Transmittal Form is a document used to report and formalize the receipt of non-cash donations, such as goods or services, to an organization.
Who is required to file Gift-in-Kind Transmittal Form?
Organizations that receive non-cash donations, including charities, nonprofits, and educational institutions, are required to file the Gift-in-Kind Transmittal Form.
How to fill out Gift-in-Kind Transmittal Form?
To fill out the form, provide details such as the donor's information, a description of the donated items, their estimated value, and the intended use of the items within the organization.
What is the purpose of Gift-in-Kind Transmittal Form?
The purpose of the Gift-in-Kind Transmittal Form is to document the acceptance of non-cash gifts for accountability, tax purposes, and to ensure proper tracking of donations.
What information must be reported on Gift-in-Kind Transmittal Form?
The form must report the donor's name and contact information, item descriptions, the condition of the donated items, estimated values, and the date of receipt.
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