Personal tools
You are here: Home > Support UW Oshkosh > Gifts in Kind

Gifts in Kind

Gifts-in-Kind are donated tangible and intangible assets and property which represent direct or indirect value to the University, such as real estate, notes, mortgages, limited partnership interests, royalty or copyright interests, services, art, books, equipment, automobiles, inventory, personal property and other physical assets or materials. The Foundation reserves the right to sell or refuse any gifts-in-kind.

The following information is required in writing from the donor:

• A description of the gift (in basic terms that can be easily understood by a non-technical person)
• The date the gift was received by UWO
• The value /amount of the gift and how the value was determined
• If the gift is used, its age and condition
• The college or department  receiving the gift
• Costs associated with accepting the gift (i.e., shipping, installation, maintenance), if applicable
• Stipulations as to how the gift will be used by UWO. It is important to substantiate that the gift has actual value to UWO and will be used.

Gifts-in-Kind of $5,000 or More

If the gift-in-kind is from an individual and the value is over $5,000, the IRS requires the donor
to obtain an independent appraisal to substantiate his or her charitable tax deduction (performed
within IRS time requirements). The cost of the appraisal is the responsibility of the donor.

Before recording the gift, the Foundation Office reserves the right to evaluate the reported valuation. It is the responsibility of the donor to substantiate to the IRS the gift value when taken as a tax deduction on his or her tax return.

In-Kind Donation Form (please complete and return to the Foundation with your gift.)

by Lori Kroening last modified May 16, 2017 03:21 PM

Contact the University of Wisconsin Oshkosh Foundation
625 Pearl Ave. Oshkosh, WI 54901 • Email:
Phone: (920) 424-2178