FundSvcs Community

If the tickets are sold on the open market, you can use the price they're sold at as the value of the gift, irrespective of whether the donor bought the tickets or not. It doesn't matter what the donor paid, or if they paid at all, what matters is if you received something of genuine value. While most NFL teams offer free tickets to training camp, I don't know the specific case of this team. It also seems like this is a VIP offer of sorts, since usually food & beverage is not included, nor is an extended opportunity to speak to players. These are genuine things that people would pay for and the team evaluation of $50 per person doesn't seem unreasonable. I think you can record on that basis. Thank you, Isaac Shalev CRM Expert Sage70, Inc. (917) 859-0151 isaac@sage70.com Schedule a *30-minute consultation *now: https://calendly.com/sage70/30min On Fri, Jul 26, 2019 at 12:06 PM Hunt, Jana D <HUNT001@gannon.edu> wrote: > Sorry forgot to include what the value would be associated with: > > Unlimited food and beverage, free on-site parking and opportunities to > meet the players. > > Thank you, > > Jana Hunt > Assistant Director, Gift Recording > 814-871-7469 > 814-871-5825 > > -----Original Message----- > From: Jana Hunt [mailto:hunt001@GANNON.EDU] > Sent: Friday, July 26, 2019 11:52 AM > To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG; John Taylor > Cc: Hunt, Jana D > Subject: Re: gift in kind question > > If an organization "gifts" us 20 VIP tickets to an NFL Training Camp, > which the NFL team estimates the value of the tickets at $50 per person, > but we've not been provided any value by the organization gifting them to > us (I'm certain they actually paid anything for them). Can these be counted > as an in-kind gift to our university? > > Gannon University Disclaimers > • Any views or opinions presented in this email (or posting) are solely > those of the author and do not necessarily represent the views of Gannon > University. > • CONFIDENTIALITY: This email (including any attachments) may contain > confidential, proprietary and privileged information, and unauthorized > disclosure or use is prohibited. If you received this email in error, > please notify the sender and delete this email from your system. Thank you. >

This will depend largely on how the donation is used (must be for mission-related purposes - not "presents" to specific staff). Also, the donor cannot be the training camp itself - that would be partial interest. Assuming you feel this is a charitable gift then contact the NFL camp directly and ask them what the FMV is. 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 Fri, Jul 26, 2019 at 11:56 AM Hunt, Jana D <HUNT001@gannon.edu> wrote: > Sorry forgot to include what the value would be associated with: > > Unlimited food and beverage, free on-site parking and opportunities to > meet the players. > > Thank you, > > Jana Hunt > Assistant Director, Gift Recording > 814-871-7469 > 814-871-5825 > > -----Original Message----- > From: Jana Hunt [mailto:hunt001@GANNON.EDU] > Sent: Friday, July 26, 2019 11:52 AM > To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG; John Taylor > Cc: Hunt, Jana D > Subject: Re: gift in kind question > > If an organization "gifts" us 20 VIP tickets to an NFL Training Camp, > which the NFL team estimates the value of the tickets at $50 per person, > but we've not been provided any value by the organization gifting them to > us (I'm certain they actually paid anything for them). Can these be counted > as an in-kind gift to our university? > > Gannon University Disclaimers > • Any views or opinions presented in this email (or posting) are solely > those of the author and do not necessarily represent the views of Gannon > University. > • CONFIDENTIALITY: This email (including any attachments) may contain > confidential, proprietary and privileged information, and unauthorized > disclosure or use is prohibited. If you received this email in error, > please notify the sender and delete this email from your system. Thank you. >

Sorry forgot to include what the value would be associated with: Unlimited food and beverage, free on-site parking and opportunities to meet the players. Thank you, Jana Hunt Assistant Director, Gift Recording 814-871-7469 814-871-5825 -----Original Message----- From: Jana Hunt [mailto:hunt001@GANNON.EDU] Sent: Friday, July 26, 2019 11:52 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG; John Taylor Cc: Hunt, Jana D Subject: Re: gift in kind question If an organization "gifts" us 20 VIP tickets to an NFL Training Camp, which the NFL team estimates the value of the tickets at $50 per person, but we've not been provided any value by the organization gifting them to us (I'm certain they actually paid anything for them). Can these be counted as an in-kind gift to our university? Gannon University Disclaimers • Any views or opinions presented in this email (or posting) are solely those of the author and do not necessarily represent the views of Gannon University. • CONFIDENTIALITY: This email (including any attachments) may contain confidential, proprietary and privileged information, and unauthorized disclosure or use is prohibited. If you received this email in error, please notify the sender and delete this email from your system. Thank you.

Thank you, Isaac! Very much appreciated. Jana Hunt Assistant Director, Gift Recording 814-871-7469 814-871-5825 From: Advancement Services Discussion List [mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG] On Behalf Of Isaac Shalev Sent: Friday, July 26, 2019 12:15 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] FW: gift in kind question If the tickets are sold on the open market, you can use the price they're sold at as the value of the gift, irrespective of whether the donor bought the tickets or not. It doesn't matter what the donor paid, or if they paid at all, what matters is if you received something of genuine value. While most NFL teams offer free tickets to training camp, I don't know the specific case of this team. It also seems like this is a VIP offer of sorts, since usually food & beverage is not included, nor is an extended opportunity to speak to players. These are genuine things that people would pay for and the team evaluation of $50 per person doesn't seem unreasonable. I think you can record on that basis. Thank you, Isaac Shalev CRM Expert Sage70, Inc. (917) 859-0151 isaac@sage70.com<mailto:isaac@sage70.com> Schedule a 30-minute consultation now: https://calendly.com/sage70/30min On Fri, Jul 26, 2019 at 12:06 PM Hunt, Jana D <HUNT001@gannon.edu<mailto:HUNT001@gannon.edu>> wrote: Sorry forgot to include what the value would be associated with: Unlimited food and beverage, free on-site parking and opportunities to meet the players. Thank you, Jana Hunt Assistant Director, Gift Recording 814-871-7469 814-871-5825 -----Original Message----- From: Jana Hunt [mailto:hunt001@GANNON.EDU<mailto:hunt001@GANNON.EDU>] Sent: Friday, July 26, 2019 11:52 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>; John Taylor Cc: Hunt, Jana D Subject: Re: gift in kind question If an organization "gifts" us 20 VIP tickets to an NFL Training Camp, which the NFL team estimates the value of the tickets at $50 per person, but we've not been provided any value by the organization gifting them to us (I'm certain they actually paid anything for them). Can these be counted as an in-kind gift to our university? Gannon University Disclaimers • Any views or opinions presented in this email (or posting) are solely those of the author and do not necessarily represent the views of Gannon University. • CONFIDENTIALITY: This email (including any attachments) may contain confidential, proprietary and privileged information, and unauthorized disclosure or use is prohibited. If you received this email in error, please notify the sender and delete this email from your system. Thank you. Gannon University Disclaimers • Any views or opinions presented in this email (or posting) are solely those of the author and do not necessarily represent the views of Gannon University. • CONFIDENTIALITY: This email (including any attachments) may contain confidential, proprietary and privileged information, and unauthorized disclosure or use is prohibited. If you received this email in error, please notify the sender and delete this email from your system. Thank you.