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GIFT IN KIND VALUATION AND INTENT FORM This document recognizes the gift intentions of: DONOR: ___ (List name of individual and business/group/or department name, when applicable)ADDRESS: ___ CITY:STATE:___

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What is gift in kind valuation?

Gift in kind valuation refers to the process of estimating the monetary value of a non-cash donation, such as goods or services, given to an organization or individual.

Who is required to file gift in kind valuation?

Individuals or organizations that receive non-cash donations with a value exceeding a certain threshold may be required to file a gift in kind valuation.

How to fill out gift in kind valuation?

To fill out a gift in kind valuation, one must provide details about the donated item, including its description, estimated fair market value, and the date of the donation.

What is the purpose of gift in kind valuation?

The purpose of gift in kind valuation is to provide a transparent and accurate assessment of the value of non-cash donations for accounting, tax reporting, and acknowledgment purposes.

What information must be reported on gift in kind valuation?

The information that must be reported includes the description of the gift, its estimated fair market value, the donor's information, and the date of the gift.

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