Gifts of tangible or intangible non-cash contributions
Non-cash gifts are also called gifts in-kind, is a non-monetary contribution of personal property or professional services. Your PGTS representative can help you assess your financial situation and determine which giving options can care for your family while also providing the best benefit to the organization of your choice. Here is an overview of giving non-cash gifts and the methods that will likely be used.
Tangible non-cash gifts—these are gifts that have physical substance, you can touch, or hold. The following are examples of tangible gifts and the methods that would be used to gift them.
| Tangible Non-cash Gifts | Method |
|---|---|
| Precious metal or gems | Gift of the item |
| Furniture | Gift of the item |
| Jewelry | Gift of the item |
| Plant and Machinery | Gift of the item |
| Vehicles | Gift of the item |
| Real Estate | Gift of the item |
| Buildings | Gift of the item |
| Equipment | Gift of the item |
| Inventory | Gift of the item |
| Computers | Gift of the item |
| Livestock | Gift of the item |
| Agricultural crops | Gift of the item |
Intangible non-cash gifts—are gifts that do not have physical substance but still represent value. The following are examples of intangible gifts and the methods that would be used to gift them.
| Intangible Non-cash Gifts | Method |
|---|---|
| Patents | License or assignment |
| License or Medallion | Check issuer |
| Intellectual property | License or assignment |
| Internet domain | License or assignment |
| Logos | License or assignment |
| Copyright | License or assignment |
| Brand Value | License or assignment |
| Self-developed software | License or assignment |
| Trademarks | License or assignment |
| Franchise Agreements | Assign or transfer |
| Business Goodwill | Sales or Assignment |
| Business methodologies | License or assignment |
