It seems some paperwork needs to be created for the file - to thank the board member for his gift of $1,200 that was paid directly to the contractor, and to obtain the contractor's receipt for same to attach to your file copy. I don't think the IRS would fuss but that is between the donor and the feds, right? Ross Weeks Jr. Historic Crab Orchard Museum & Pioneer Park Tazewell, Va. http://histcrab.netscope.net ----- Original Message ----- From: "Issaquah Historical Society Info" <[log in to unmask]> To: <[log in to unmask]> Sent: Wednesday, January 09, 2002 5:48 PM Subject: convoluted inkind donation question > Hi, all, > > Here's a challenge I have come up against as I sit here getting all the > year-end IRS stuff pulled together. We have a donor/board member who wanted > to contribute the cost of extesnive facility repairs, to the tune of about > $1,200. Instead of giving us a donation of this amount, he hired a > contractor to do the work and paid him directly. Now I am trying to figure > out how we should acknowledge his gift for his tax purposes. > > My rationale is that since no funds came in or out of our hands, it cannot > be considered a donation to us. Instead it is an in-kind donation. How does > this theory strike anyone else? Any suggestions? > > Many thanks, > Erica > > Erica S. Maniez > Museum Director, Issaquah Historical Society > 425/392-3500 > [log in to unmask] > www.issaquahhistory.org > > ========================================================= > Important Subscriber Information: > > The Museum-L FAQ file is located at http://www.finalchapter.com/museum-l-faq/ . You may obtain detailed information about the listserv commands by sending a one line e-mail message to [log in to unmask] . The body of the message should read "help" (without the quotes). > > If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes). ========================================================= Important Subscriber Information: The Museum-L FAQ file is located at http://www.finalchapter.com/museum-l-faq/ . You may obtain detailed information about the listserv commands by sending a one line e-mail message to [log in to unmask] . The body of the message should read "help" (without the quotes). If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes).