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Categories: General Tax Terms

In-Kind Donations refers to non-cash contributions made to a charitable organization or nonprofit entity. These donations can include goods, services, or other tangible assets instead of monetary gifts.

For example, a company may provide office supplies, food, or professional services such as legal or accounting work as an in-kind donation. These contributions are valued based on the fair market value of the items or services provided and can be used by the receiving organization to support its operations or programs. In-kind donations are an important aspect of fundraising, as they can help organizations reduce expenses and expand their impact without requiring cash outlays.

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