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GiftsinKind Policy and Guidelines Effective Date: July 23, 2013, Originating Office: Supersedes /Amends Policy Dated: October 15, 2007, Policy Number: Library Administration T1 Preamble The Concordia
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Gifts-in-kind policy and guidelines outline the procedures and rules related to accepting and reporting non-monetary donations or gifts.
Non-profit organizations or entities that receive gifts-in-kind are required to file gifts-in-kind policy and guidelines.
To fill out gifts-in-kind policy and guidelines, organizations need to provide detailed information about the gift, its value, donor information, and how it will be used.
The purpose of gifts-in-kind policy and guidelines is to ensure transparency, accountability, and proper reporting of non-monetary donations.
Information such as the description of the gift, estimated value, donor details, date of receipt, and intended use of the gift must be reported on gifts-in-kind policy and guidelines.
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