FundSvcs Community

Hi all! We received an honorary day sponsorship on public radio from a donor. Wondering if this is a gift in kind or not. Should we book it, or just thank the donor? The letter from the public radio station reads: "A day sponsorship is an on-air message read three times on a chosen day. Donors at the day sponsorship level have the option of donating their premium to a local non-profit organization if they decline to use it themselves." Thanks for your insights! *Jill Doub* Advancement Services Coordinator Warren Wilson College CPO 6376 PO Box 9000 Asheville, NC 28815 828.771.2052

If the gift is from the public radio station it is not a gift. If an individual paid for the sponsorship and gave it to you, it might be a gift. John Taylor 919.816.5903 johntaylorconsulting@gmail.com Big ideas; small keyboard > On Apr 4, 2019, at 11:36 AM, Jill Doub <jdoub@warren-wilson.edu> wrote: > > Hi all! We received an honorary day sponsorship on public radio from a donor. Wondering if this is a gift in kind or not. Should we book it, or just thank the donor? > > The letter from the public radio station reads: > "A day sponsorship is an on-air message read three times on a chosen day. Donors at the day sponsorship level have the option of donating their premium to a local non-profit organization if they decline to use it themselves." > > Thanks for your insights! > > Jill Doub > Advancement Services Coordinator > Warren Wilson College > CPO 6376 > PO Box 9000 > Asheville, NC 28815 > 828.771.2052 >