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Gift Cards during the holidays

Last post 11-06-2009 9:08 AM by Laurel Quaintance. 1 replies.
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  • 11-05-2009 6:50 AM

    • Aldervan Daly
    • Not Ranked
    • User Since: 1996
    • Posts 6
    • Products:  Blackbaud Enterprise CRM, Blackbaud NetCommunity, The Financial Edge, The Raiser's Edge, The Researcher's Edge, Sphere

    Gift Cards during the holidays

    Reply Contact

    Hello,

    We receive thousands of dollars in gift cards each year during the holidays. I am wondering how other people credit donors and what gift type(S), payment type(S) and such that they use. 

    Thanks,

    Aldervan

  • 11-06-2009 9:08 AM In reply to

    Re: Gift Cards during the holidays

    Reply Contact

    I believe a Gift Card would be designated a non-cash gift by the IRS, therefore I would enter it as a Gift In Kind and payment type of Other.

    Laurel Quaintance
    Manager, Fund Development Services
    Filed under:
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