FundSvcs Community

 View Only

  • 1.  gift in kind from multiple donors

    Posted 01-11-2024 07:49 AM

    Good morning!

     

    We have a scenario I've never dealt with before: two donors want to split the cost of a new runners' starting block and donate the item to us.  Our thought is to split the value between the two donors and enter it as two separate gifts – with receipts to the donors with only an item description, not a dollar value. Am I missing anything or are we ok to do it like this?

     

    Thanks!

    Betsy

     

    Betsy E. Jerram Melanson, JD she/her(s)

    Assistant Director of Gift Management

     

    University Advancement | Elliott Alumni Center | 9 Edgewood Rd | Durham, NH 03824

    603.862.4131 | Betsy.Melanson@unh.edu

     

     

     

     

     



  • 2.  RE: gift in kind from multiple donors

    Posted 01-11-2024 08:13 AM
    Ask each donor to write you a check and YOU purchase the block. Done!

    But, yes, you could give both credit if you have a bill of sale reflecting both names and amounts. Of course, their receipts will NOT mention any amount - only that they contributed 50% of the block (which includes a full description of same).

    John 

    John H. Taylor 
    919.816.5903 (Cell/Text)

    Big Ideas; Small Keyboard



    Original Message


Related Content