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GIFTINKIND ACCEPTANCE FORM(To be completed for all gifts and loans except cash and securities) This form must be completed before the University can officially accept a proposed gift or send an acknowledgement

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How to fill out gift-in-kind acceptance form

01

Obtain a gift-in-kind acceptance form from the relevant organization or department.

02

Fill out all required fields on the form, including donor information, description of the gift, and estimated value.

03

Attach any supporting documentation, such as appraisals or inventory lists, to the form.

04

Submit the completed form to the designated individual or department for review and approval.

Who needs gift-in-kind acceptance form?

01

Anyone who is donating a gift-in-kind to an organization or department may need to fill out a gift-in-kind acceptance form.

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What is gift-in-kind acceptance form?

A gift-in-kind acceptance form is a document used to formally acknowledge and accept non-cash donations, such as goods or services, to an organization.

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

Organizations receiving non-cash donations are required to file a gift-in-kind acceptance form.

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

To fill out a gift-in-kind acceptance form, provide details about the donor, description of the donated items, estimated value, and sign off by authorized representatives of the organization.

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

The purpose of the gift-in-kind acceptance form is to ensure proper documentation and acknowledgment of non-cash contributions for both the donor's tax purposes and the receiving organization's record-keeping.

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

Information that must be reported includes donor name, description of the item or service donated, estimated market value, date of the donation, and signatures of authorized personnel.

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