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
>
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