Janice:
Do you know if this is true in all states? This seems extremely simplified
to me. If this were true, why is there a section for museums in the Texas
abandoned property code?
Thanks!
Amanda Dyer
Curator
Bell County Museum
-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]]On
Behalf Of Janice Klein
Sent: Thursday, July 07, 2005 10:27 AM
To: [log in to unmask]
Subject: Re: Returning Deed of Gifts
This topic has been much discussed on the Registrars listserv (RCAAM-L).
A Deed of Gift is not a legal requirement, it is "only" museum
policy/procedure. For a gift to be legally valid three things need to
happen:
1. an offer needs to be made
2. the offer needs to be accepted
3. the object needs to be physical transfered to you
If you have all three of those things, the object is legally yours.
The Deed is a Nice Thing to pull all three of these together, but it is not
required. If you have a piece of paper (even a temporary receipt) that
says the object was offered as a gift, a letter thanking the donor for the
gift and the object itself, you have all that the law requires.
Having said that, I usually don't send out the IRS 8283 Form until I have a
signed Deed. But if the donor doesn't want the IRS form and doesn't send
back the Deed, I don't bug them.
janice
Janice Klein
Director, Mitchell Museum of the American Indian
[log in to unmask]
www.mitchellmuseum.org
-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]]On
Behalf Of [log in to unmask]
Sent: Thursday, July 07, 2005 10:06 AM
To: [log in to unmask]
Subject: Returning Deed of Gifts
I sometimes have a hard time of donors returning Deed of Gifts. I
include a self addressed, stamped envelope, but that doesn't seem to be
enough.
Would appreciate any advice on the matter, or a link to previous
discussions.
Regards,
Joshua K. Blay
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