Asset Type

Commodities: How to Gift/Accept

Once again, timing is everything.

Our heartiest recommendation: do it right and get your organization's gift planning advisors involved early in the discussion. Do not avoid starting up a conversation with a donor--in this instance, you have an opportunity to make a donor very happy with significant tax savings.

In making and accepting the gift, the inventory must be physically accepted and the title transferred on the same day.

Typically, your organization will want to sell the commodity on that very same day.

Pages