ÌÇÐÄvlog¹ÙÍø appreciates the donation of gifts-in-kind. These gifts enrich our students’ educational experience and help further ÌÇÐÄvlog¹ÙÍø’s mission.
A gift-in-kind is defined by Canada Revenue Agency (CRA) as a gift of tangible property such as works of art, equipment, company products or real estate. A gift that is transferred to ÌÇÐÄvlog¹ÙÍø without expectation of benefit is considered charitable in nature and may qualify for a charitable income tax receipt. Please note that gifts of service are not eligible for a tax receipt.
CRA regulates the receiving and receipting of gifts-in-kind. The donor will be asked to acquire the fair market value of the gift at the time of donation and to provide ÌÇÐÄvlog¹ÙÍø with acceptable documentation such as sales receipts, invoices or third party appraisals of the items donated.
If you are considering donation a gift-in-kind, please contact us first to determine the best fit for ÌÇÐÄvlog¹ÙÍø’s needs. ÌÇÐÄvlog¹ÙÍø may decline a gift that does not further our goals or that involves special maintenance or conditions that ÌÇÐÄvlog¹ÙÍø is unable to satisfy.
For more information, please contact the advancement team.
