Gift-in-Kind Payment Tasks
When a constituent donates a gift-in-kind, such as goods or services, you classify the payment method as “Gift-in-kind” and can select a subtype to describe the donation. You also enter the name of the item, specify whether you plan to use or sell the item, enter a number of units for the item, and enter a fair market value for the item. If an item is valued over a certain amount, your organization might require an appraisal for the item. Once you add a gift-in-kind, you can add appraisal information.
You can use the Sell gift-in-kind task to record the sale amount and the Undo sell gift-in-kind task to undo a sale of a gift-in-kind from the record of the sold gift-in-kind.
Note: The Sell gift-in-kind and Undo sell gift-in-kind tasks are only available when you select "To sell” in the Disposition field for a gift-in-kind payment.
Note: If an appraisal is required, the Sell gift-in-kind task is disabled until the required appraisal is entered on the Gift-in-kind payment record.