In Kind Donation Form - Humanists Of Houston (Page 2 of 2) in pdf

IN-KIND DONATION FORM

RULES AND REGULATIONS:

IN-KIND donations must meet the standard charitable organization rules as outlined by the

Federal Accounting Standards Board (FASB) which includes:

Current standards of the FASB require that contributed services be recognized and recorded.

The following criteria must be met: (1) the donation must be useful; (2) the service creates or

enhances a non-financial asset; (3) the services require specialized skills and are provided by

individuals with those skills.

Providing IN-KIND services and materials require review and approval from the The Humanists

of Houston management staff prior to acceptance. Only signed, approved donation forms are

acceptable as acknowledgement of in-kind donations.

Instructions for completing the IN-KIND DONATION FORM:

1. Provide specific project information related to the event being planned including date, city

and county.

2. Provide detailed information related to the description of the item or service being

donated. For printing donations, include specific number of pages, packets or other items

that are being considered. For other material items, include specific quantities being

considered. No financial donations are considered in-kind donations.

3. The Estimated Fair Market Value (FMV) must be completed by the donor. The Humanists of

Houston cannot place a FMV amount or interpret the value of any non-financial donations.

4. Provide donor-benefit amounts being returned to the donor in exchange for their in-kind

donation.

a. Example: A donor provided printing of 100 booklets for an Educational Conference and

received a dinner at the event. The cost of the dinner must be itemized and recorded.

5. Provide information related to the donor including name, organization, address and other

contact information.

6. Record the date received and your name.

7. Send the completed form to the The Humanists of Houston office for review and approval.

A copy of the completed, approved form will be sent directly to the donor and one copy of

all in-kind donation forms will be maintained at the Humanists of Houston office for audit

purposes.

8. Donations that cannot be accepted or fall outside the standard guidelines for acceptance

will be rejected. A formal letter will be sent to the donor and a copy of the notice will be

retained for our records.

In Kind Donation Form - Humanists Of Houston Page 2