If you are interested in supporting a nonprofit that works with in-kind contributions, take a look at the latest issue of Wise Giving Guide (published by the BBB Wise Giving Alliance). The main article helps charities and their supporters think about key questions and challenges unique to groups that receive donations in the form of products, food, or pharmaceuticals. Here are some examples:
- Is the charity successfully obtaining the types of goods that communities need most? (rather than just items that are in oversupply?)
- Is there are distribution system in place so that donations are not sitting idle or wasted?
- Has the charity discussed with the community the impact of the products on the local market?
- How is the dollar value of contributions measured for financial reporting? (and what is the fair value of expired items?)
Learn more by about this topic by reading, “Charity by the Truckload: Gifts-in Kind.” Wise Giving Guide. (Summer 2009) p. 2-8.
See also:
The Foundation Center's FAQ: What are in-kind gifts and how can I find out more about them?
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