Gifts-in-kind are gifts of tangible personal property such as equipment, materials, company products or inventory.
Gifts of equipment and material
The UW encourages and appreciates gifts-in-kind, such as computer hardware and software, industry equipment, supplies for laboratories, library archive collections, musical instruments, works of art, and other materials that the university would otherwise need to purchase. Through gifts-in-kind, supporters help the university strengthen programs and improve facilities to provide the best possible educational experience to our students.
While in-kind donations are often received from businesses and corporations, individual donors also contribute many types of in-kind gifts.
All gifts-in-kind are reviewed, accepted and officially acknowledged. Prior to acceptance, the gift is reviewed to see if it meets campus needs. The UW reserves the right to decline any gift that does not further the university’s goals or may involve special maintenance or other conditions the university would be unable to satisfy. The donor is responsible for making arrangements to deliver the gift. Additional approvals may be required for works of art.
The UW does not provide gift valuation. In accordance with Internal Revenue Service regulations, the donor is responsible for determining the value of an accepted gift. If the estimated value of the gift exceeds $5,000, then a qualified appraisal is required by the IRS to substantiate a donor’s charitable deduction for gifts-in-kind. University personnel are not qualified appraisers, and federal regulations do not permit the university to give appraisals or estimates of value.
Additional information about appraisal requirements is available here.
For taxation details, see IRS Publication 526.
For more information
To discuss gifts-in-kind, please contact the college or office that is the most likely beneficiary.
Send an email
1-800-284-3679 or 206-685-1001
UW Office for Planned Giving
4333 Brooklyn Ave. NE
Seattle, WA 98195-9504