As Chief Executive Officer, I am the person responsible for cultivating relationships with individuals who may be interested in donating a gift-in-kind. I work alongside our board to develop and carry out our strategic plan that includes mechanisms for potential donors to make planned gifts. My perseverance, commitment to the mission, and passion for nonprofit work is what fuels our success. I’d be happy to sit down, get to know you in person, and share more information about our in-kind gifts program with you. If you’re interested in learning more about donating gifts-in-kind, let’s grab a cup of coffee soon!
Chief Executive Officer
The process for making an in-kind gift is different depending upon the type of in-kind gift. If the nature and purpose of your gift is large, you will be asked to sign an in-kind gift document that outlines the intended purpose of the gift and expectations for how the Foundation will fulfil this purpose. For smaller donations an on-line form will help to provide a description of the gift and its fair market value. The Foundation will provide you with a gift acknowledgement form to document your gift for tax purposes.
If you’re considering making an in-kind gift to the Morning Star Foundation, please contact our Chief Executive Officer to make an appointment to discuss the details of the asset transfer.
Gifts from donors can come in many different forms. In-kind gifts are donations of goods, services, or time, in lieu of cash. In-kind gifts can be both tangible and intangible. Gifts in-kind are an important source of the Morning Star Foundation’s revenue, especially during times of an economic downturn. In-kind donations are also a good way to cultivate support and build capacity for the Foundation while freeing up our cash for other operating expenses.
Equipment: capital assets, expensed equipment, office equipment, machinery, computers
Services: printing, marketing, accounting, videotaping
Loaned Labor: a type of corporate sponsorship whereby an employee with a specific skill or expertise is loaned out to a nonprofit to work on a short-term project or program
Auction Items: new or used items are donated to a nonprofit to be auctioned off at a fundraiser
Giveaway Items: chotchkies given to the Foundation to place inside giveaway bags for door prizes, etc.