Donors will be provided with a timely written statement containing the following information: name - Wichita Collegiate School name of fund, project, or campaign with any specific donor declarations. Date of the contribution if it is a cash gift Description (but not the value) of non-cash contributions. Stock is considered by The IRS to be a gift-in-kind and no values will be put onto receipts - provided to the donor will be # of shares, name of stock, and transfer date
Donors will be provided with a timely written statement containing the following information: name - Wichita Collegiate School name of fund, project, or campaign with any specific donor declarations. Date of the contribution if it is a cash gift Description (but not the value) of non-cash contributions. Stock is considered by The IRS to be a gift-in-kind and no values will be put onto receipts - provided to the donor will be # of shares, name of stock, and transfer date
Copyright:
Attribution Non-Commercial (BY-NC)
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Donors will be provided with a timely written statement containing the following information: name - Wichita Collegiate School name of fund, project, or campaign with any specific donor declarations. Date of the contribution if it is a cash gift Description (but not the value) of non-cash contributions. Stock is considered by The IRS to be a gift-in-kind and no values will be put onto receipts - provided to the donor will be # of shares, name of stock, and transfer date
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
All donors will be provided with a timely written statement containing the following information:
• Name – Wichita Collegiate School
• Name of fund, project, or campaign with any specific donor declarations • Date of the contribution • Amount of the contribution if it is a cash gift • Description (but not the value) of non-cash contributions which includes all gifts-in-kind. • Stock is considered by the IRS to be a gift-in-kind and no values will be put onto receipts – provided to the donor will be # of shares, name of stock, and transfer date based on IRS publication 561 • A statement that no goods or services were provided by Wichita Collegiate School in return for the contribution, if that is the case • A statement that goods or services, if any, that Wichita Collegiate School provided in return for the contribution, if that is the case o Goods and services received must be included if they are considered to be substantial o The IRS defines substantial as ‘not to exceed the lesser of 2% of the payment or the only items provided bear the Wichita Collegiate School name or logo and the cost of these items is within the limit for “low-cost articles”