GIFTS OF TANGIBLE OR INTANGIBLE NON-CASH CONTRIBUTIONS
Non-cash gifts or gifts in-kind are non-monetary contribution of personal property or professional services. We will help you assess your financial situation and determine which giving options can care for your family while also providing the best benefit to the organisation of your choice. Here is an overview of giving non-cash gifts and the methods that will likely be used.
Tangible non-cash gifts—these are gifts that have physical substance, you can touch, or hold. Tangible gifts are donated through gifting the item itself. Examples of tangible non-cash gifts include furniture, equipment, agricultural crops and livestock.
Intangible non-cash gifts—are gifts that do not have physical substance but still represent value. Examples of intangible non-cash gifts include patents, intellectual property and self –developed software and the method of gifting is providing the license or assignment.