Non-cash gifts (Gifts-in-Kind) are tangible, personal property such as livestock, scientific equipment, art works, plant material and vehicles, just to name a few items. Gifts-in-Kind are donated for related educational purposes and should be accompanied by a gift-in-kind donations form, which includes the fair market value as determined by the donor. The IRS and University require all gift-in-kind donations over $5,000 to accompany a written, signed, and dated appraisal by a qualified appraiser, provided by the donor.
All gift-in-kind donations should accompany a written, signed, and dated appraisal by a qualified appraiser. The SFA Office of Development needs a Gift-In-Kind Form along with a description of the property and its value at the time of contribution. With this information the SFA Development Office can issue an appropriate receipt.