An in-kind gift is a voluntary contribution of goods or services that can be used to advance and/or support the mission of College of Western Idaho (CWI) and may qualify as a charitable deduction for the individual(s) making the gift.
All potential in-kind gifts must be evaluated by a representative from the College to ensure the gift can advance the mission of CWI and determine if the gift is for the College or the Foundation.
If the College accepts your in-kind gift, you will be asked to complete an In-Kind Gift Acceptance Form.
The Internal Revenue Service (IRS) allows an individual to deduct the full fair market value of a donated item if it is accepted by the Foundation and used for one of its tax-exempt purposes. It is the sole responsibility of the donor to determine the value of a contributed item; the acceptor cannot assign a value to the donated item(s).
For gifts with values exceeding $5,000, it is the donor’s responsibility to complete IRS Form 8283 – Noncash Charitable Contributions and submit the form to the Foundation for signature. The College's Vice President of Advancement, Vice President of Finance, and Coordinator of Donor Acknowledgment and Recognition are the only individuals authorized to sign 8283 forms. Signing an 8283 form is an acknowledgment of the receipt of donated goods by the Foundation and is not an endorsement of reported value.
