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  • 1.  Separate Gift-in-Kind Donations from Same Donor

    Posted 05-28-2025 02:58 PM

    If a donor gives a non-cash gift valued under $5k and a few months later do the same, where together they now exceed $5k, is an appraisal required?  
    The IRS publication related to GIK isn't clear on how this should be handled.   Thank you. 



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    Kimbley Green
    George Mason University Advancement
    kgreen39@gmu.edu
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  • 2.  RE: Separate Gift-in-Kind Donations from Same Donor

    Posted 05-28-2025 03:13 PM
    Only if the donation is two parts of a single item. The appraisal requirement applies to an individual item, not a period of time.

    IRS Publication 561 and the instructions for Form 8283 provide more information on property donations.

    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


  • 3.  RE: Separate Gift-in-Kind Donations from Same Donor

    Posted 05-28-2025 03:18 PM

    Thank you!



    ------------------------------
    Kimbley Green
    George Mason University Advancement
    kgreen39@gmu.edu
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    Original Message


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