Gifts-in-Kind

Both during your lifetime and through your will, you can also donate property to a charity. A gift of property is called a “Gift-in-Kind.” Examples include equipment, software, artwork, shares and real estate, as well as life insurance or a residual interest in real property. A gift-in-kind is normally valued at its fair market value. Tax receipts for your donated property or equipment work in the same way as they do for a gift of cash.

Please note that it is the responsibility of the donor to establish the fair market value of the gift. We may be able to assist you by providing guidelines for appraisals.