Tax Issues | Alumni Association of the University of Michigan                            

Gifts in kind are gifts of tangible or intangible personal property (other than gifts of cash or investment securities) that are deductible by the donor under federal tax law. Examples of gifts in kind are gifts of artwork, books, equipment, automobiles, inventory, patents, and royalties.

Sometimes, individuals or organizations will provide a gift-in-kind donation to the club for its use (e.g., donating U-M memorabilia for a club's silent auction or raffle). Acceptance and use of gifts in kind are subject to regent bylaws and policies of the University. If you have any questions regarding gifts in kind, please contact the Association's global engagement team.