Gifts-in-kind

A gift-in-kind refers to a gift of tangible property other than cash, such as capital property (including depreciable property) and personal-use property. It should be an item that can be retained as a university asset and used in connection with university activities with discretion as to its use and management, or disposed of for cash equivalent. Works of art, books, real estate, equipment, collections and other property can be gifted to the University of Waterloo.

• It offers a flexible way to make a gift of an asset you no longer require.
• Could receive a charitable tax receipt for the appraised, fair market value of the property determined on the day the gift is made.
• When the donation is made, the University will either add the donated item(s) to its collections or liquidate the asset, depending on a mutually agreed-upon course of action.

* It is important to consult with our staff before arranging this type of gift to ensure that it can be used in connection with university activities. The University of Waterloo reserves the right to accept, decline or redirect a proposed gift-in-kind, at its discretion.