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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 5
    • Organization: New York Foundling
    • Products:  Blackbaud NetCommunity, The Raiser's Edge, The Researcher's Edge

    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
    Friends of Bassett, Inc.
    607/547-3081

    Donate Now! https://www.friendsofbassett.org/fob.php

    Bassett Healthcare: Right Where You Need Us

    Bassett Healthcare, A network of 5 Hospitals and over 25 Health Centers, offers the finest medical care to residents of rural Central New York
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