PNCA appreciates gifts of tangible personal property (also called gifts in kind or non-cash gifts). We accept gifts that support our programs and students, or can be easily sold to support the College. For example, we generally accept gifts of art supplies, books, tools, and artwork.
Donors wishing to give PNCA a gift of real estate or similar large gifts should contact Luann Whorton. Gifts of art, gifts requiring a high level of management, and gifts that are high in value are reviewed by the Gift Acceptance Committee.
Gifts of stock are considered a gift in kind, and more information is available on the PNCA here.
Lauren Creany, Director of Annual Giving
All other in-kind gifts
503.821.8886 | firstname.lastname@example.org
Gifts of books and reading materials
503.821.8953 | email@example.com
Can PNCA pick up an in-kind donation at my residence or business? In general, donors should plan to transport in-kind gifts to PNCA’s main campus building. PNCA has very limited resources for picking up donations, and only in special cases we may be able to pick up a donation.
When is a good time to make an in-kind donation of art supplies and frames? During the school year from September through May is the best time to make a donation because students are on campus and in class.
May I make a donation of a work of art to PNCA's collection? Gifts of art to PNCA will be evaluated on a case-by-case basis. Contact Ashley Gibson, firstname.lastname@example.org, for details.
Does PNCA accept books and periodicals? Yes, PNCA accepts books and reading materials for the library on an individual basis. Please contact Serenity Ibsen for further information.
May I drop off art materials at PNCA without making prior arrangements if I do not need an acknowledgement for tax purposes? It is best to make arrangements for making a donation, even if you do not need an acknowledgment letter for tax purposes. PNCA will still need to facilitate the distribution of your gift.
Does PNCA accept donations of food and beverages? Yes, PNCA accepts gifts of food, beverages, and especially wine for College receptions and events. Please contact Lauren Creany email@example.com if you or your business is interested in supporting PNCA in this way.
The following information is intended to generally inform the donor, and may not be applicable to all non-cash charitable contributions. Please consult your tax advisor for questions concerning donations of tangible personal property.
In general, IRS tax law allows individuals who give a gift in kind to the College to claim a charitable contribution deduction for the fair market value of the gift. Refer to IRS Publication 561 titled “Determining the Value of Charitable Property” and Publication 526 titled “Charitable Contributions” for more information.
Listed below are some specific tax implications for the donor to consider:
• Non-Cash Gifts Over $250 in Value
IRS tax law allows charitable contributions valued at $250 or more only when the donor has written acknowledgement from the College which describes the donated property. Donors giving a gift in kind to PNCA must fill out a Gift In Kind donation form in order for the College to issue a letter of acknowledgement for the gift. Valuation of the gift is the responsibility of the donor and will not be assigned by the College.
• Non-Cash Gifts Over $500 in Value
Donors giving a gift in-kind valued at $500 or more must complete Section A of IRS Form 8283 and include the form with the tax return on which the donor is claiming the charitable income tax deduction. The College does not need to sign Form 8283 when only Section A is required.
• Non-Cash Gifts Over $5,000 in Value
Donors giving a gift in kind valued at $5,000 or more must obtain a written appraisal by an independent qualified appraiser. Donors must submit the appraisal, and IRS Form 8283, with Form 1040. Refer to IRS Publication 561 for more information on appraisals. The College and the appraiser must both sign 8283. It is the responsibility of the donor to initiate the completion of Form 8283.
• Non-Cash Gifts for Charity Auctions
Donors of tangible personal property to charity auctions may only deduct the cost value, or original price, of an artwork – not the bid amount the artwork sells for at auction. IRS Publication 170 defines gifts in kind for a charity auction as “unrelated use” and therefore the donor’s contribution is limited to the donor’s cost value of the contributed property.
• IRS Form 8282
The College must file IRS Form 8282 if, within three years of the date of the gift, the College disposes of a gift for which an appraisal was required. Form 8282 shows the disposition date and the amount of the proceeds. The purpose of the form is to help the IRS track discrepancies between the claimed value of non-cash contributions and the amount eventually received by the College.