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  • 1.  Gift in Kind Gift Question

    Posted 12-11-2023 01:52 PM

    Good afternnon,

    Our soccer team has a donor that want to give:

     A video production of the last few years highlighting their team that they can show recruits when they come on visits. This would be paying an outside company to put the video together. 
    Is this a Gift in Kind?


    ------------------------------
    Liz Arizpe
    Valparaiso University
    liz.arizpe@valpo.edu
    ------------------------------


  • 2.  RE: Gift in Kind Gift Question

    Posted 12-11-2023 02:07 PM
    I would want to make certain this is something your leadership team wants. Do similar productions exist for other sports? And who has content approval?

    If the donor is funding this and it is something you've already had plans for, it would be a cash gift. But if the donor creates the video production then that's not a gift per CASE or the IRS. They are providing a service.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


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