UNIVERSITY ADVANCEMENT IN-KIND GIFT ACCEPTANCE FORM · In-kind gifts may include stocks, computer...
Transcript of UNIVERSITY ADVANCEMENT IN-KIND GIFT ACCEPTANCE FORM · In-kind gifts may include stocks, computer...
Gift Description
In-kind gifts may include stocks, computer hardware, food, books, art, real estate or any other NON-cash items. Value of time or services, and appraisal fees are some items that DO NOT QUALIFY as an In-Kind Gift.
Please refer to IRS Publication 526 and University Acceptance and Valuation Policy for details.
FOR INTERNAL USE ONLY - NOT TO BE SHARED WITH DONOR
Donor/Company Name
CSU, Chico
Mrs. Ms.
DONOR INFORMATION
Company Contact Name
Street Address
City State Zip Business Phone
Cell Home Phone
Co. Website Alumna/ Alumnus Grad. Yr. Faculty/Staff
Department Responsible for Gift
Department Contact Campus Extension
Campus Zip
GIFT INFORMATION
Friend
UNIVERSITY INFORMATION
Received by
Valuation Made by: (must be off-campus affiliate)
Date
Valuation Based on: Please attach documentation (e.g. appraisal, written quote, copy of catalog prices, etc.)
Annual Fund Account Number to Credit
UNIVERSITY ADVANCEMENT IN-KIND GIFT ACCEPTANCE FORM
Valuation
Hazardous Properties of the Item Gifted, If Any:
Mr.
Mr. Mrs. Ms. Dr.
The University Foundation CSU, Chico CSU, Chico Research Foundation
Date Gift Physically Received by the Campus
Value of Gift $
Dr.
UNIVERSITY ADVANCEMENT IN-KIND GIFT ACCEPTANCE FORMFOR INTERNAL USE ONLY - NOT TO BE SHARED WITH DONOR
GIFT RECOGNITION
List donor, description of gift, and value
List value of gift without listing donor
List donor without listing value of gift
Anonymous - Do not list donor or value of gift
APPROVAL & RECOMMENDATION FOR ACCEPTANCE
Accept RejectDate
1.
2.Dean/Unit Administrator
7.Director, Advancement Services and Annual Fund
3.Director, Environmental Health & Safety
4.Provost/Vice President for Academic Affairs
5.Vice President For Business & Finance
6.Foundation Administrative Officer
Department Chair of Program/Unit Director
Date
Date
Date
Date
Date
Date
Accept Reject
Accept Reject
Accept Reject
Accept Reject
Accept Reject
Accept Reject
*Please send completed form with original signatures to University Advancement Zip 155.
Form reviewed by Advancement Director Advancement Director Signature ____________________________________
FOR INTERNAL USE ONLY - NOT TO BE SHARED WITH DONOR
UNIVERSITY ADVANCEMENT IN-KIND GIFT FORM INSTRUCTIONS
IN-KIND GIFTS (NON-CASH GIFTS): A non-cash item donated to the University that meets the IRS charitable donation regulations as stated in IRS Publication 526 is considered to be a gift-in-kind and should be recorded on a University In-Kind Gift Acceptance Form, then sent to University Advancement for recording and receipting purposes.
CONTRIBUTIONS THAT DO NOT QUALIFY: Contributions such as value of time or services, appraisal fees, or contributions in exchange for a benefit do not qualify as a gift-in-kind. (Please see IRS Publication 526 for details).
NOTE: Please attempt to make sure that all non-cash gifts are made in compliance with Federal requirements such as the IRS Form 8283 (Noncash Charitable Contributions) so that our donors may receive proper receipting documentation. Formally, this is the donor's responsibility for his or her own protection.
REQUIRED INFORMATION: Based on the findings of the Chancellor's Audit Team, it is imperative that all in-kind gift forms be accurately completed before acceptance can be approved by the University. The in-kind gift form submitted without the following information will be returned for completion prior to processing: · Required Signature(s) · Donor Name and Address · Company Contact Name · In-Kind-Gift Value Amount · Hard Copy Proof of Valuation · Designation/Account Number · Detailed Description of Gift
GIFT VALUE: Documentation verifying the value of the gift must accompany all regular in-kind gift forms (i.e. invoice, appraisal, written quote, copy of catalog prices, etc.). The value of the gift must be determined through outside sources, not University personnel. In-kind gifts submitted without value verification may be subject to delays in processing.
AUTHORIZED SIGNATURES: Please have appropriate department signatures on in-kind gift forms before forwarding them to University Advancement. Forms without authorizing signatures will be returned to issuing department.
DONOR ACKNOWLEDGEMENT: Once University Advancement receives the completed in-kind gift form, an acknowledgement of the gift will be sent in the form of an official gift receipt from the University Foundation. This receipt will not contain the value of the gift but identify the item donated.
All forms are available from University Advancement. If you need copies or assistance in completing these forms, please call 530-898-4488.