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Gift In Kind
Gift in Kind is a donation of gift or services rather than money. For example: the donation of a computer or other office equipment, building materials and paint supplies for props, clothing for wardrobe or the donation of one's time. There is a perceived value for these goods and services which can be considered a donation and are subject to a receipt for tax purposes.
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For Quick Reference Information on Gifts in Kind, You can download a Screencast (online video demonstrations of the functions with narration)
Screencast___________________________________________________________________
- Open the Patron Record.
For details on locating a Patron Record click here.
- Click the Donation
tab.
- Click the New
button.
- Select the Donation Campaign from the drop down.
- Fill in the Donation Amount as the appraised amount of the gift.
- Enter remaining information.
- Click the Payment
button.
This will open the Order Payment window.
- Select Gift in Kind from the Payment Method drop down menu.
- Enter a description of the Gift In Kind, the Appraiser's Name and the Appraiser's Address for reference.
This information may be required for auditing purposes.
- Click the Accept Payment
button.
- Close the Donation Detail Window
The gift in kind donation will now appear on the Donation List window. Details on the payment type can be seen under the Payment
tab.