WSU Tech Foundation welcomes in-kind donations, which help the college keep pace with changing technology and equipment needs and meet the demands of increased enrollment.

Gifts-in-kind are gifts of property that are voluntarily transferred by a donor to WSU Tech without compensation. These gifts may include equipment, vehicles, materials, supplies, artwork, and other personal property a donor might give to WSU Tech for use in its educational programs or to the WSU Tech Foundation for use in its employee campaign. Gifts of services are not considered to be a tax-deductible contribution.

The donor and/or department representative completes the Gift-In-Kind Form. The department head or dean shall sign the form where appropriate and send to the Foundation for receipting. It is important to designate the department that the gift is to be credited to. All donors receive a charitable tax receipt or acknowledgement for all donated items upon acceptance of approved and completed form.

• All gifts of equipment and materials donated through the WSU Tech Foundation become college property.
• Gifts of motor vehicles and airplanes shall include title, bill of sale, and IRS Form 1098-C.
• If value is over $5,000, IRS Form 8283 signed by an IRS qualified appraiser and written appraisal is required.
• You may be required to contact WSU Tech Facilities Director at (316) 677-9461 for Title Transfer process.

In-Kind Donations up to $5,000:
If the donation is from $500 to $4,999.99, in addition to the above, the donor and/or department representative accepting the gift will need to complete IRS Form 8283, forward a copy to the Foundation and file a copy with their tax return to claim the deduction. The donor should seek the advice of his/her professional tax consultant to determine the extent of the in-kind gift’s tax benefit.

In-Kind Donations of $5,000 and above:
In addition to the steps outlined above, the donor should have the IRS Form 8283 signed by an authorized appraiser and provide a copy of appraisal and signed IRS Form 8283 to the Foundation as required by the IRS and the WSU Tech Foundation. The donor should seek the advice of his/her professional tax consultant to determine the extent of the in-kind gift’s tax benefit.

 In-Kind Donations of Motor Vehicles and Airplanes:
In addition to the completed Gift-in-Kind Form (including donor’s Tax ID Number and/or Social Security Number), please provide the Foundation with a copy of:

1. Vehicle Certificate of Title (front and back),
2. Copy of the Bill of Sale,
3. IRS authorized appraisal (if value is over $5,000.00),
4. IRS Form 1098-C, and
5. IRS Form 8283

IRS Form 1098-C(link is external) – Contributions of Motor Vehicles and Airplanes

IRS Form 8283(link is external) – Noncash Charitable Contributions

IRS Publication 526(link is external) – Charitable Contributions

IRS Publication 561(link is external) – Determining the Value of Donated Property

If you have questions or need assistance, please contact the Foundation at (316) 677-1039

Note: Under IRS regulations, the valuation of any gift-in-kind is the responsibility of the donor and/or IRS authorized appraiser. WSU Tech and its employees are not authorized to give a value on any property to a donor for tax purposes. College employees may provide a value to the Foundation for the purpose of recording the gift only.

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