Except for public traded securities, do not place a value on the gift. The donor is responsible to set a value acceptable to the IRS for a tax deduction. Property should be carefully investigated before acceptance. Church will assume any liabilities on the property. Autos and Boats.
Liability can be a big issue, have a mechanic inspect the vehicle.
Art and Jewelry. University of Washington is a good source of art experts. Accept only after careful consideration. Mark and Bob offered their services for any advice you may need regarding the acceptance of gifts for your organization. Sandra Denoff read thank you notes from the national office and the James Lawrence Jr. family for the chapters contribution to the endowment fund in James' name.