Gateway Technical College Foundation gratefully accepts needed equipment donations on behalf of the college.
What is an in kind gift?
Property contributed to Gateway Technical College and/or the Gateway Foundation for use by the College. Property includes vehicles, real estate, business inventory, equipment, livestock, supplies, clothing, or household items. Donors of gifts in-kind can generally receive a tax deduction equal to the fair market value of the property at the time of the contribution
What is not an in kind gift?
Donors cannot deduct as charitable contribution any gift to a specific individual the value of their time or services, or contributions from which they may benefit.
To facilitate the acceptance of an in-kind gift, the following form can be forwarded to the individual accepting the gift on behalf of the College at the time of the gift.
In Kind Gift Acceptance Form
If you are interested in donating property to the College for its use, please contact the Foundation at 262.564.2866 or email@example.com. If you are currently working with a program, please speak with your contact about your interest. The college will determine if it can accept your generous offer.