In Kind Donation Policy

Policy Number 36
Effective: June 30, 2007 Version 2.0
Policy

Bluebonnet Equine Humane Society, Inc.’s (BEHS) policy on in-kind donations conforms to the organization’s role as a non-profit corporation under IRS code, section 501(c)(3).

Procedure
  1. Any in-kind donation of services shall be accounted for at that professional’s regular and ordinary rate schedule.
  2. Any in-kind donation (including equines) shall be receipted and acknowledged in the same method as cash donations, unless public anonymity is specifically requested by the donor.
  3. Unless specified by the donor, any donation, with the exception of equine donations, may be used or disposed of in a manner deemed appropriate by BEHS.
  4. Equine donations shall be placed in the BEHS foster home network under the appropriate BEHS equine policies.
  5. Appropriate donor records shall be maintained by BEHS with the understanding that such records will not be made public without the express, written permission of the donor.
  6. Any donor wishing to claim a tax-deductible donation must comply with IRS requirements for third-party appraisals.