What does an "in kind" donation mean?

Answer 1

In-kind donations are those donations that are done in goods and services rather than money (or cash).

Answer 2

Sometimes it is not cash you give, but some other valuable. The most obvious one would be the services of a professional. A lawyer might donate his time to assist in the filing of incorporation papers for a non-profit corporation. A doctor might volunteer to do screening examinations or flu shots. Or a carpenter might build something for a local charity. In each case, they are entitled to a deduction from their income taxes for the value of their time and any costs incurred, because that is a charitable donation.

These are sometimes the most valuable sorts of donations. A cash gift is nice, of course; but the organization saves twice when it saves all the bookkeeping and paperwork involved in disbursing that cash in accordance with their charter. The in-kind donation is a simpler and more human one.

Answer 3

An in-kind donation is when the dona-tor gives of their time for services. Such as professional services of a doctor, attorney, Secretary. And so on. This is used many times in non-profit agencies to produce the proof of in kind donations to receive grants. God bless****

Answer 4

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What does an "in kind" donation mean?

Answer 5

If you want a physical example take a look at that Hillary Clinton sketch on SNL. That is an in-kind donation.

Answer 6

Rather than donating cash, the donor gives his or her time. For example, a painter may donate his labor to paint a church, instead of making a cash donation.

Answer 7

In Kind Donations