What to do when your program receives an in-kind donation.
Donors can make two types of donations to a 501(c)(3). A cash donation is the transfer of funds to a nonprofit. An in-kind donation is the transfer of any other type of asset.
In Givebutter
- Log in to https://dashboard.givebutter.com
- Go to Transactions
- Select + New Transaction
- Select In-Kind from the dropdown under Payment method
Non-Givebutter Users
Complete this form to report an in-kind donation to a program or organization fiscally sponsored by NOPI.
In-kind gifts are contributions of goods or services other than cash grants. Examples of in-kind gifts include:
- Goods, like computers, software, furniture, and office equipment, for use by your organization or special event auctions
- Services, like meeting space, photocopy and mail services, and administrative/financial support
- Expertise, like legal, tax, or business advice; marketing and website development; and strategic planning
- Cash equivalents, like stocks, bonds, and mutual funds
- Corporations and businesses are a common source of in-kind gifts. Corporations increasingly prefer to provide in-kind support. Thus, if your funding needs include in-kind support, this may help start a relationship with a corporate funder.
Learn more about in-kind donations at https://learning.candid.org/resources/knowledge-base/in-kind-gifts/