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UNIVERSITY ADVANCEMENT INKING GIFT ACCEPTANCE FORM FOR INTERNAL USE ONLY NOT TO BE SHARED WITH DONOR Inking gifts may include stocks, computer hardware, food, books, art, real estate or any other
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How to fill out university advancement in-kind gift
How to fill out university advancement in-kind gift:
01
Start by downloading the university's in-kind gift form from their website or requesting a copy from the university's advancement office.
02
Fill out the donor information section of the form, providing your name, contact information, and any other requested details.
03
Indicate the type of in-kind gift you are donating by checking the corresponding box. This could include items like artwork, equipment, books, or other valuable assets.
04
Describe the in-kind gift in detail, including its condition, estimated value, and any relevant specifications. Be as specific and accurate as possible to ensure proper acknowledgement and documentation.
05
Attach any supporting documentation or appraisals, if required. This could include photographs, receipts, or professional assessments of the gift's value.
06
Consider including a brief statement or explanation of why you are making this in-kind gift and how it will benefit the university or its programs. This can help the university understand the impact of your donation and may be used for communication or marketing purposes.
07
Sign and date the form, confirming that all the information provided is accurate to the best of your knowledge.
08
Submit the completed in-kind gift form to the university's advancement office or follow any specific instructions provided by the institution.
Who needs university advancement in-kind gift?
01
Donors who wish to contribute non-monetary assets to a university or its programs may consider making an in-kind gift.
02
Universities and their advancement offices actively seek in-kind gifts from individuals, corporations, and other organizations to support various initiatives and enhance the educational experience for students.
03
In-kind gifts can include a wide range of items, such as equipment, books, artwork, software, or other valuable resources that can be used by the university for educational, research, or operational purposes.
04
Individuals or organizations looking to establish a relationship with a university or show support for a specific cause or program may find making an in-kind gift beneficial.
05
In-kind gifts can offer tax advantages for donors, as they may be eligible for a charitable deduction based on the gift's fair market value.
06
Universities often have specific policies and procedures in place for accepting and acknowledging in-kind gifts, so it is recommended to consult with the institution's advancement office or refer to their website for detailed guidelines.
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What is university advancement in-kind gift?
University advancement in-kind gift refers to non-monetary donations made to the university, such as equipment, supplies, or services.
Who is required to file university advancement in-kind gift?
Donors and recipients of university advancement in-kind gifts are required to report these gifts.
How to fill out university advancement in-kind gift?
To fill out a university advancement in-kind gift, donors need to provide details about the gift, including description, value, and date of donation.
What is the purpose of university advancement in-kind gift?
The purpose of university advancement in-kind gift is to support the university's programs, research, and initiatives through non-monetary contributions.
What information must be reported on university advancement in-kind gift?
Information such as the description of the gift, its estimated value, and the date of donation must be reported on university advancement in-kind gift.
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