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First, you really do not need to say much to comply with the IRS regulations. My preferred style is to begin the acknowledgment with something like, "Thank you so much for your thoughtful gift of a 1950 Steinway Grand Piano to be used by our Music Department. This generous gift may require the filing of IRS Form 8283. Please seek guidance from your tax advisor." Then you simply add a paragraph regarding the Music Department and maybe another paragraph about the University. At the bottom of the letter, in the footer, you simply add, "Unless otherwise indicated above, no goods or services were provided in exchange for your gift." Second, one of the best collections of acknowledgments I have seen is maintained by Lynne Wester: https://www.donorrelationsguru.com/library John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Tue, Apr 16, 2019 at 9:06 AM Hornbeck, Cynthia <CHornbeck1@twu.edu> wrote: > Hello everyone, > > > > I am trying to change our Gift In Kind Acknowledgements and I am hoping > y’all can help. At the moment our Gift In Kind Acknowledgements are > basically the IRS regulations and at the very bottom we list the item and > the department or the program the item was given to. I am wanting to > change it up so the acknowledgement is more about the University with some > information about the IRS regulations. > > > > I am hoping that someone out there can give me some examples that they use > for this. I went on the CASE website to see if there were some examples on > there, but could not find any (I might be looking in the wrong place). > > > > Thank you, > > Cynthia Hornbeck > > University Advancement > > 940-898-3894 > > CHornbeck1@twu.edu > > [image: > https://www.blackbaud.com/files/training/jobaids/CSOD/Badges/certification_b/PRO_Orange.png] > > > > >

Hello everyone, I am trying to change our Gift In Kind Acknowledgements and I am hoping y'all can help. At the moment our Gift In Kind Acknowledgements are basically the IRS regulations and at the very bottom we list the item and the department or the program the item was given to. I am wanting to change it up so the acknowledgement is more about the University with some information about the IRS regulations. I am hoping that someone out there can give me some examples that they use for this. I went on the CASE website to see if there were some examples on there, but could not find any (I might be looking in the wrong place). Thank you, Cynthia Hornbeck [cid:image002.png@01D4F444.2F967510] University Advancement 940-898-3894 CHornbeck1@twu.edu<mailto:CHornbeck1@twu.edu> [https://www.blackbaud.com/files/training/jobaids/CSOD/Badges/certification_b/PRO_Orange.png]

You are to omit values - per IRS Publication 1771. I cannot address examples placed on other websites. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Apr 18, 2019 at 2:16 PM Kelly Ball <kball@warren-wilson.edu> wrote: > One of Lynne's GIK letters includes the value of the item. I thought we > were supposed to leave that out? > > Thanks! > Kelly > > On Tue, Apr 16, 2019 at 12:50 PM John Taylor < > johntaylorconsulting@gmail.com> wrote: > >> First, you really do not need to say much to comply with the IRS >> regulations. My preferred style is to begin the acknowledgment with >> something like, "Thank you so much for your thoughtful gift of a 1950 >> Steinway Grand Piano to be used by our Music Department. This generous >> gift may require the filing of IRS Form 8283. Please seek guidance from >> your tax advisor." >> >> Then you simply add a paragraph regarding the Music Department and maybe >> another paragraph about the University. At the bottom of the letter, in >> the footer, you simply add, "Unless otherwise indicated above, no goods or >> services were provided in exchange for your gift." >> >> Second, one of the best collections of acknowledgments I have seen is >> maintained by Lynne Wester: >> >> https://www.donorrelationsguru.com/library >> >> John >> >> John H. Taylor >> Principal, John H. Taylor Consulting >> 2604 Sevier St. >> Durham, NC 27705 >> johntaylorconsulting@gmail.com >> 919.816.5903 (cell/text) >> >> Serving the Advancement Community Since 1987 >> >> >> On Tue, Apr 16, 2019 at 9:06 AM Hornbeck, Cynthia <CHornbeck1@twu.edu> >> wrote: >> >>> Hello everyone, >>> >>> >>> >>> I am trying to change our Gift In Kind Acknowledgements and I am hoping >>> y’all can help. At the moment our Gift In Kind Acknowledgements are >>> basically the IRS regulations and at the very bottom we list the item and >>> the department or the program the item was given to. I am wanting to >>> change it up so the acknowledgement is more about the University with some >>> information about the IRS regulations. >>> >>> >>> >>> I am hoping that someone out there can give me some examples that they >>> use for this. I went on the CASE website to see if there were some >>> examples on there, but could not find any (I might be looking in the wrong >>> place). >>> >>> >>> >>> Thank you, >>> >>> Cynthia Hornbeck >>> >>> University Advancement >>> >>> 940-898-3894 >>> >>> CHornbeck1@twu.edu >>> >>> [image: >>> https://www.blackbaud.com/files/training/jobaids/CSOD/Badges/certification_b/PRO_Orange.png] >>> >>> >>> >>> >>> >> > > -- > Kelly Ball > Director of Advancement Services > 828.771.5807 > > > >

One of Lynne's GIK letters includes the value of the item. I thought we were supposed to leave that out? Thanks! Kelly On Tue, Apr 16, 2019 at 12:50 PM John Taylor <johntaylorconsulting@gmail.com> wrote: > First, you really do not need to say much to comply with the IRS > regulations. My preferred style is to begin the acknowledgment with > something like, "Thank you so much for your thoughtful gift of a 1950 > Steinway Grand Piano to be used by our Music Department. This generous > gift may require the filing of IRS Form 8283. Please seek guidance from > your tax advisor." > > Then you simply add a paragraph regarding the Music Department and maybe > another paragraph about the University. At the bottom of the letter, in > the footer, you simply add, "Unless otherwise indicated above, no goods or > services were provided in exchange for your gift." > > Second, one of the best collections of acknowledgments I have seen is > maintained by Lynne Wester: > > https://www.donorrelationsguru.com/library > > John > > John H. Taylor > Principal, John H. Taylor Consulting > 2604 Sevier St. > Durham, NC 27705 > johntaylorconsulting@gmail.com > 919.816.5903 (cell/text) > > Serving the Advancement Community Since 1987 > > > On Tue, Apr 16, 2019 at 9:06 AM Hornbeck, Cynthia <CHornbeck1@twu.edu> > wrote: > >> Hello everyone, >> >> >> >> I am trying to change our Gift In Kind Acknowledgements and I am hoping >> y’all can help. At the moment our Gift In Kind Acknowledgements are >> basically the IRS regulations and at the very bottom we list the item and >> the department or the program the item was given to. I am wanting to >> change it up so the acknowledgement is more about the University with some >> information about the IRS regulations. >> >> >> >> I am hoping that someone out there can give me some examples that they >> use for this. I went on the CASE website to see if there were some >> examples on there, but could not find any (I might be looking in the wrong >> place). >> >> >> >> Thank you, >> >> Cynthia Hornbeck >> >> University Advancement >> >> 940-898-3894 >> >> CHornbeck1@twu.edu >> >> [image: >> https://www.blackbaud.com/files/training/jobaids/CSOD/Badges/certification_b/PRO_Orange.png] >> >> >> >> >> > -- Kelly Ball Director of Advancement Services 828.771.5807