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GIFTINKIND ACCEPTANCE FORM FOR MSU FOUNDATION OFFICE SUPPORTING DOCUMENTATION FOR GIFTSINKINDLOOKUP ID:1. Attach documentation from donor conveying the gift to MSU 2. Attach valuation method of gift

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How to fill out gift-in-kind acceptance form

01

Obtain a copy of the gift-in-kind acceptance form.

02

Fill in the donor's information, including name, address, and contact details.

03

Describe the gift-in-kind being donated in detail, including quantity, condition, and estimated value.

04

Indicate any restrictions on the use of the gift-in-kind, if applicable.

05

Sign and date the form to indicate acceptance of the gift-in-kind donation.

Who needs gift-in-kind acceptance form?

01

Nonprofit organizations that receive donations of physical goods or services may require a gift-in-kind acceptance form to officially document and accept the donation.

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What is gift-in-kind acceptance form?

Gift-in-kind acceptance form is a document used to officially accept donations of goods or services instead of cash.

Who is required to file gift-in-kind acceptance form?

Nonprofit organizations and charities are required to file gift-in-kind acceptance forms when accepting non-monetary donations.

How to fill out gift-in-kind acceptance form?

The form typically requires information about the donor, description of the gift, estimated value, and signatures from both parties.

What is the purpose of gift-in-kind acceptance form?

The purpose of the form is to acknowledge the donation, document the gift for tax purposes, and ensure transparency in receipt of non-monetary contributions.

What information must be reported on gift-in-kind acceptance form?

The form usually requires details about the donor, description of the gift, estimated value, date of donation, and signatures.

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