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  • 1.  Gift in Kind - Discount question

    Posted 01-07-2026 01:41 PM

    Hope I can explain this gift in kind question correctly... If an individual purchases art supplies from various vendors and then resells them at cost to our institution for artists to use, but provides an "in-kind" discount of 30% off on the supplies, but expects payment for the rest... does that 30% discount count as an in-kind donation that they can be receipted for? All receipts for supplies have been submitted. Thanks for any and all advice.

    Laurie Soenen
    College of Charleston



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    Laurie Soenen
    College of Charleston
    soenenl@cofc.edu
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  • 2.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:14 PM
    Selling to a nonprofit as a discount is called a bargain sale, which is part regular sale and part donation, not unlike a QPQ transaction. The seller should provide a full-price invoice, and then a line item for the reduction, which should be called a charitable contribution or donation. You can then receipt them as you would for a GIK. 


    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:






  • 3.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:24 PM

    Fantastic!  Thank you for this response. I have everything I need to move forward then. Very helpful!



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    Laurie Soenen
    College of Charleston
    soenenl@cofc.edu
    ------------------------------

    Original Message


  • 4.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:30 PM
    I agree with everything Isaac said. However, I do have one word of caution. The original purchaser likely needs to receive reselling permission from the vendors they purchased from.

    John

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987





    Original Message


  • 5.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:37 PM

    Thank you, John!  Being the third-party vendor was where we were struggling a bit. I appreciate the further clarification.



    ------------------------------
    Laurie Soenen
    College of Charleston
    soenenl@cofc.edu
    ------------------------------

    Original Message


  • 6.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:39 PM
    John, can you share more about this requirement? I'm not sure I understand the relevant concerns. 


    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:





    Original Message


  • 7.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 02:46 PM
    I've seen packaging from many stores that state the merchandise isn't available for resale.

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987





    Original Message


  • 8.  RE: Gift in Kind - Discount question

    Posted 01-07-2026 04:32 PM
    Ah - that could apply in this case, depending on the specifics. Not for resale generally only applies if the buyer has a contract with the seller containing that term, or for things like food, where you can't eg sell cookies individually bc of federal labeling requirements. A retailer can't stop a buyer from doing whatever they want with a purchased item in a normal arms length transaction. 



    Isaac Shalev
    Data Strategy Expert
    (917) 859-0151
    isaac@sage70.com

    Autocorrect was used in composting this email, please excuse any typos




    Original Message


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