Definition:
Gifts-in-kind are 100% tax deductible gifts of property that are voluntarily transferred by a donor
to The Great American Royal Circus Inc.(GARC), an animal free, IRS approved 501(c)(3)
nonprofit public charity without compensation. These gifts may include equipment, materials,
supplies, artwork, and other personal property a donor might give to GARC for use in its
programs. Gifts of services are not considered to be a tax-deductible contribution. Questions
about specific gifts should be directed to the director at (904)-233-8069.
Donations up to $5,000:
The donor and department representative completes the department’s portion of the Gift-In-
Kind Acceptance Form. It is important to designate the department that the gift is to be credited
to. Send the completed form, signed by the department head, to the organization for receipting.
If the donation is from $500 to $4,999.99, in addition to the above, the department
representative accepting the gift should inform the donor that an IRS Form 8283 will need to be
filed with their tax return to claim the deduction and should advise the donor to contact his/her
tax consultant. This form will be mailed to the donor with the appropriate thank-you letter.
Copies of the form are available from GARC or at www.irs.gov/pub/irs-pdf/f8283.pdf.
Donations of $5,000 and above:
In addition to the steps outlined above, the department representative accepting the gift shall
inform the donor that an IRS Form 8283, signed by an authorized appraiser, is required by the
IRS and GARC, in addition to a copy of the appraisal.
The Gift-In-Kind Acceptance Form shall be signed by the department head accepting the gift.
For a gift of any such value, the donor should seek the advice of his/her tax consultant.
If the item donated to GARC is sold, transferred or disposed of within two years from the date of
the gift, the department shall notify Purchasing and the organization in writing, within one week
of the sale, so the organization can comply with IRS regulations in reporting such a transaction.
Donations of Motor Vehicles:
Donor must receive a contemporaneous written acknowledgment from the department receiving
the vehicle. In addition to VIN or other vehicle identifier, the acknowledgement must contain the
name and Tax ID # of the donor.
Note: Under IRS regulations, the valuation of any gift-in-kind is the responsibility of the donor
and/or authorized appraiser. The Great American Royal Circus Inc. and its employees are not
authorized to give a value on any property to a donor for tax purposes. GARC employees may
give a value to the organization for gift records only.
Gifts-in-kind are 100% tax deductible gifts of property that are voluntarily transferred by a donor
to The Great American Royal Circus Inc.(GARC), an animal free, IRS approved 501(c)(3)
nonprofit public charity without compensation. These gifts may include equipment, materials,
supplies, artwork, and other personal property a donor might give to GARC for use in its
programs. Gifts of services are not considered to be a tax-deductible contribution. Questions
about specific gifts should be directed to the director at (904)-233-8069.
Donations up to $5,000:
The donor and department representative completes the department’s portion of the Gift-In-
Kind Acceptance Form. It is important to designate the department that the gift is to be credited
to. Send the completed form, signed by the department head, to the organization for receipting.
If the donation is from $500 to $4,999.99, in addition to the above, the department
representative accepting the gift should inform the donor that an IRS Form 8283 will need to be
filed with their tax return to claim the deduction and should advise the donor to contact his/her
tax consultant. This form will be mailed to the donor with the appropriate thank-you letter.
Copies of the form are available from GARC or at www.irs.gov/pub/irs-pdf/f8283.pdf.
Donations of $5,000 and above:
In addition to the steps outlined above, the department representative accepting the gift shall
inform the donor that an IRS Form 8283, signed by an authorized appraiser, is required by the
IRS and GARC, in addition to a copy of the appraisal.
The Gift-In-Kind Acceptance Form shall be signed by the department head accepting the gift.
For a gift of any such value, the donor should seek the advice of his/her tax consultant.
If the item donated to GARC is sold, transferred or disposed of within two years from the date of
the gift, the department shall notify Purchasing and the organization in writing, within one week
of the sale, so the organization can comply with IRS regulations in reporting such a transaction.
Donations of Motor Vehicles:
Donor must receive a contemporaneous written acknowledgment from the department receiving
the vehicle. In addition to VIN or other vehicle identifier, the acknowledgement must contain the
name and Tax ID # of the donor.
Note: Under IRS regulations, the valuation of any gift-in-kind is the responsibility of the donor
and/or authorized appraiser. The Great American Royal Circus Inc. and its employees are not
authorized to give a value on any property to a donor for tax purposes. GARC employees may
give a value to the organization for gift records only.
| THE GREAT AMERICAN ROYAL CIRCUS, INC. GIFT-IN-KIND INSTRUCTIONS |
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