New associate professor joins Moody Theological Seminary
Gifts-in-Kind donations are non-monetary items or materials of tangible personal property that can help further the work and global impact of Moody Global Ministries.
Moody does not identify a value for the Gifts-in-Kind on the receipt. The donor is responsible for acquiring the fair market value applicable at the time of the gift.
For Gifts-in-Kind that are valued by the donor at more than $5,000, the IRS requires that a fair market value appraisal be obtained by the donor. The qualified appraiser must also sign IRS form 8283 for the donation, and the form 8283 should be submitted to Moody at the time of donation.
Please contact a tax accountant to inquire about how Gifts-in-Kind donations may benefit you in your individual tax situation.
If you would like to learn more about Gifts-in-Kind donations please call (800) 801-2171 or contact our Manager, Planned Giving: