Ways to Donate - Gifts of Other Property

GIFTS OF OTHER PROPERTY

Gifts in-kind are evaluated on a case-by-case basis for their:

1. value to HFHM mission, and
2. appropriateness to HFHM needs

Decisions around accepting gifts in-kind will be evaluated according to: ongoing maintenance requirements, suitability to storage and liability. Depending on the donor’s wishes, HFHM may retain the gift or sell it and use the proceeds where they are needed most. According to CRA, it is the donor’s responsibility to have the value of the property appraised for receipting purposes. An independent qualified appraiser(s) determines this value. HFHM reserves the right to obtain, at its expense, its own appraisal in addition to the donor’s appraisal, and to rely solely on that appraisal if it so chooses. Receipting for all gifts-in-kind will be governed by CRA guidelines. For gifts of a company’s product with a purchase discount, it is HFHM’s practice to value and receipt such gifts in accordance with CRA guidelines.

HFHM encourages and solicits contributions of cash, and personal and real property, either as outright gifts or through planned gift vehicles that conform with the rules and regulations or guidelines outlined by the CRA and any other applicable laws.