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In-Kind Donation

Gifts in-kind should be reported at the fair market value. If the item or items in the aggregate are valued at more than $5,000, the donation will require an appraisal by an independent, expert appraiser. The donation receipt supplied to the donor for a gift in-kind will not reflect a dollar amount. The amount and tax-deductible nature of a gift in-kind is rather to be determined by the donor and the donor’s tax advisor.

The University welcomes gifts in-kind that may have an educational purpose for the university. Please contact us to determine if you have a gift that may fulfill a need.

Examples of gifts that have a determinable value:

  • art
  • antiques
  • coin collections
  • stamp collections
  • jewelry
  • furniture
  • rare books and manuscripts

Items that can be used to support the university and its operations:

  • equipment
  • books
  • artwork
  • supplies
  • auction items

If a gift is not needed by a university department, the UVU Foundation could help locate a buyer, but we cannot take a gift with the intent to resell it without special acknowledgement, arrangements with the donor, and additional tax repercussions to both the Foundation and the donor.