Get the free Foundation Gift-in-Kind Form - Lane Community College - lanecc
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LCC FOUNDATION GIFT-IN-KIND ACCEPTANCE FORM TO BE COMPLETED BY LANE COMMUNITY COLLEGE STAFF SEE SECOND PAGE FOR INSTRUCTIONS TO COMPLETE THIS FORM DONOR NAME (Individual or Company): CONTACT NAME
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How to fill out foundation gift-in-kind form
How to fill out foundation gift-in-kind form:
01
Start by obtaining a copy of the foundation gift-in-kind form. You can usually find it on the foundation's website or request it directly from their office.
02
Carefully read through the instructions provided with the form. Familiarize yourself with the required information and any specific guidelines or restrictions.
03
Begin filling out the form by providing your personal contact information, including your name, address, phone number, and email address. Some forms may also ask for your social security number or other identification details.
04
Next, provide detailed information about the gift-in-kind you are donating. This includes a thorough description of the item or items being donated, their estimated value, and any relevant documentation such as appraisal certificates or receipts.
05
If applicable, indicate whether the gift-in-kind is a cash equivalent or represents a partial interest in property. This helps the foundation determine the appropriate categorization and tax treatment of your donation.
06
Check if there are any specific acknowledgments or recognition you would like to receive for your gift-in-kind. Some foundations may offer naming opportunities or public recognition for significant donations.
07
Review the completed form for accuracy and completeness. Ensure that all required fields have been filled out and any supporting documentation is attached or referenced as necessary.
08
Sign and date the form, affirming that all the information provided is true and accurate to the best of your knowledge.
09
Make a copy of the filled-out form and any accompanying documentation for your records.
10
Submit the completed foundation gift-in-kind form according to the instructions provided. This may involve mailing the form to the foundation's office or submitting it electronically through their website or email.
Who needs foundation gift-in-kind form:
01
Individuals or organizations who wish to donate non-cash items or services to a foundation.
02
Foundations may require a gift-in-kind form to properly document and acknowledge non-cash contributions for accounting, tax, and regulatory purposes.
03
It is important to consult the specific requirements of the foundation you are donating to, as some may have different procedures or forms for accepting gift-in-kind donations.
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What is foundation gift-in-kind form?
The foundation gift-in-kind form is a document used to report non-cash donations received by a foundation.
Who is required to file foundation gift-in-kind form?
Foundations that receive non-cash donations are required to file the gift-in-kind form.
How to fill out foundation gift-in-kind form?
The form must be completed with details of the non-cash donation, including the donor's information and the value of the donation.
What is the purpose of foundation gift-in-kind form?
The purpose of the foundation gift-in-kind form is to document and report non-cash donations received by a foundation.
What information must be reported on foundation gift-in-kind form?
The form must include information about the donor, description of the donation, date of donation, and the fair market value of the donated item.
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