Non-Cash gifts can include items such as appreciate assets (stocks, bonds, or mutual funds), real estate, personal property, and other items that may be used to support Camp Ondessonk’s mission. These types of gifts require additional paperwork, review, and approvals.* Therefore, please contact your financial advisor as well as Dan King, Executive Director of Camp Ondessonk, at email@example.com or 618-695-2489, when considering these types of gifts.
*PLEASE NOTE: The Internal Revenue Service treats non-cash contributions differently than gifts of cash. Non-cash contributions of $500 or more are reported on the IRS form 8283. In addition, non-cash contributions may require more documentation, especially if the value of all “like” non-cash contributions given in a year to any charitable organizations exceeds $5,000 ($10,000 for gifts of stock). For non-cash contributions at this level, the IRS requires the donors to include qualified, written appraisals with their tax returns. Copies of an appraisal or receipt help Camp Ondessonk determine the value of the non-cash contribution and may be included in a donor’s giving record at Camp Ondessonk.