Creative Giving

Non-cash gifts

Gifts, other than cash, donated to Crown Financial Ministries are handled differently than if cash was sent. The Internal Revenue Service regulates how this type of gift is to be processed.

The steps to donating non-cash gift are simple.

• Send an email to jconey@crown.org and describe the item(s) you want to donate.
• Give a name and phone number where you can be contacted.

That’s it!

When you are contacted, you will be asked to describe in more detail the quantity and quality of the gift. In order for us to sell the items, we need large inventories such as tractor trailer and warehouse quantities.

Items that we are looking for are:

• Art and antiquities
• Books (subject to approval) – excess production and truckloads. Large volume of new or used books will be considered. Not individual books.
• Real Estate (subject to approval) – no time shares.
• Contaminated property (subject to inspection)
• Horses
• Entire Hospitals with equipment in tact, not broken up into parts
• Hotel rooms that are unsold from projected vacancy rates of hotel corporation donor
• Consumer products – overproduction, large quantities are important.
• Office products/furniture – large volume is needed in truck or warehouse loads.
• Rare or gold coins and stamps

Note: We cannot accept cell phones or communication equipment.

Rules to follow:
The receipting of non-cash gifts is regulated by the IRS. The organization you are donating to does not issue receipts but a letter describing the gift received. It is up to you to set its value which will be claimed on your tax return. If your non-cash gifts for the year total more than $500, you will need to include IRS Form 8283 with your tax return. Section A is used to report gifts valued at $5,000 or less. When the total value of non-cash gifts is more than $5,000, the property must be appraised and the appraiser’s finding reported in Section B of form 8283. The rules also apply if you gave “similar items of property” worth over $5,000 altogether to several non-profit institutions. For example, if you have six paintings (or rare books, antiques, etc.) worth $1,000 each and give one each to six different non-profit organizations, the appraisal rules would apply.

We recommend you see IRS Publication 561 to understand the rules involving non-cash gifts.

Email Joe Coney at jconey@crown.org to discuss your gift and the processes involved in donating the gift and the amount allowed by the IRS.