How do you handle board memebers who want to submit their expenses for attending a board meeting as Gift-In-Kind.  I think it's one thing to donate a "thing" such as a computer as a Gift-In-Kind or a billable service but this just doesn't seem right. I tried to find anything to support my opinion in the CASE Reporting Standards but can't seem to find anything addressing that in particular. Does anyone have a written policy or unwritten for that matter?

I would have a look at the IRS guidelines. I would think your Board would discourage that. We have Board members that live out of State that come in for meetings and we certainly don't pay their expenses or hotel rooms, etc.

http://www.irs.gov/pub/irs-pdf/p526.pdf

http://www.irs.gov/pub/irs-pdf/p1771.pdf

The University does not pay for it, the board member does. They just want to consider it a gift-in-kind so they can claim it on their taxes.

Thank you Laurel. These links are very helpful.