Outright Gifts: Gifts In-Kind
An in-kind gift includes non-cash personal property such as art, jewelry, equipment, books, and rare manuscripts. There are specific regulations that affect the tax benefits of these gifts.
Factors such as whether the gifted asset directly relates to the charitable purpose of the University, the type of asset, and the value of the asset will determine how the gift can be received and how it may be acknowledged for tax purposes. It is best to discuss your ideas with the University so that the gift accomplishes your intended goals.
Contact a development officer for more information.