It looks like I was mistaken anyway - we do not provide a dollar value on the receipt but record it internally for our own accounting purposes.
-Starchy On 15-12-24 17:40, Rob Jenson wrote: > My understanding is that the qualified recipient of a non-cash charitable > donation *must not* make any statement or offer advice to the donor on the > Fair Market Value (FMV) of the donation. I've worked for non-profits, and > this was a very serious concern ... not even with a wink and a nod and a > vague "well, I think it might be worth ... bla bla bla." It can mess up > the donor if they are audited, but it can also cause the donee to lose > their "qualified" status. > > Here is the IRS guideline > <https://www.irs.gov/Charities-&-Non-Profits/Charitable-Organizations/Charitable-Contributions-Written-Acknowledgments> > on written acknowledgements for charitable organizations. For non-cash > donations, since the donee is not offering advice on the FMV (which would > include assessing whether the donation is worth more or less than $250), > they should offer a written acknowledgment for all non-cash donations. Some > organizations that receive many donations of various "stuff" (clothes, > furniture, etc.) have a standard form that they provide the donor with a > blank for the donor to fill in and value the items donated. Other > organizations generate a specific letter for each donation. It's up to your > organization how much administrative overhead you can expend to acknowledge > donations. Of course, if you provide a standard "fill in the blanks" form > and a donor requests an itemized letter you would have to provide it. > > The other thing to be aware of ... more for the donor than the donee, but I > don't think it hurts anyone to say so: If the claimed FMV for a non-cash > donation is going to exceed $5,000 an appraisal will be required. The donee > can help facilitate this (i.e., make the items available to an appraiser > chosen by the donor) but must not be involved in the appraisal process or > even recommend a specific appraiser. We (former employer = historical > society) could provide a list of multiple qualified appraisers for the type > of materials donated, but we could not recommend a specific one. > > _rob_ > > > On 15-12-24 15:34, john boris wrote: > > > > Where I coach football we are upgrading our weight room with a Smart TV and > > also an online program that the players can upload their lifting stats and > > we can publish them on the TV. So the alum that is spearheading the project > > asked me about getting some used tables for us to keep in the Weight room > > for the players to use to log into the site and enter their data. > > It is a great opportunity for our alums to give back to the program and a > > great time as people will be getting their new toys. So I was wondering if > > anyone on the list has handled electronic donations for their organization > > and had a way for the person making the donation get a tax write off I > > would appreciate some pointers. > > > > -- > > John J. Boris, Sr. > > Head Freshmen Football Coach > > Camden Catholic High School > > > > > > -- > Rob Jenson - *nix Systems Administrator [In search of a new gig] > Email: ferthalangur {at) gmail.com or rbj (at} spotch.com > http://www.spotch.com > _______________________________________________ > Tech mailing list > Tech@lists.lopsa.org > https://lists.lopsa.org/cgi-bin/mailman/listinfo/tech > This list provided by the League of Professional System Administrators > http://lopsa.org/ _______________________________________________ Tech mailing list Tech@lists.lopsa.org https://lists.lopsa.org/cgi-bin/mailman/listinfo/tech This list provided by the League of Professional System Administrators http://lopsa.org/
