Nonprofit organizations are constantly looking for donations to help them achieve their important missions. Monetary donations are not the only type of help nonprofits receive; in fact, many organizations receive what we call “in-kind donations,” which are nonfinancial and typically consist of goods or services that serve the organization’s immediate needs. In-kind donations allow nonprofits to access goods and services they may not be able to purchase.
NAO member and supporter YPTC (Your Part-Time Controller, LLC), a nonprofit accounting and financial management firm, compiled the ultimate nonprofit guide to jumpstart your in-kind donation collection efforts.
Topics include:
- What Is an In-Kind Donation?
- In-Kind Donation Types
- Benefits of In-Kind Donations
- Creating a Gift Acceptance Policy
- How and When to Record and Report In-Kind Donations
- 6 Strategies for Soliciting In-Kind Donations
Click the resource link below to get started!