The University of Waterloo encourages and appreciates gifts-in-kind. Through gifts in kind, supporters may enhance a University of Waterloo collection, enrich our students’ educational experience and help further our mission.
A gift-in-kind is defined by Canada Revenue Agency (CRA) as a gift of tangible property such as books and collections, equipment, company products or real estate. A gift that is transferred to the University without expectation of benefit is considered charitable in nature and may qualify for a tax receipt. Please note that Gifts of Service are not eligible for a charitable income tax receipt.
Before accepting a gift-in-kind, the gift will be reviewed to see if it meets the University’s needs. The University of Waterloo may decline a gift that does not further the university’s goals or that involves special maintenance or conditions that the university would be unable to satisfy.
What you need to know
Canada Revenue Agency regulates the receiving and receipting of gifts-in-kind. The donor will be asked to acquire the fair market value applicable at the time of the gift and to provide the University with acceptable documentation such as receipts, invoices or third party appraisals of the items donated.
If you are thinking of making a gift-in-kind donation, please contact Lisa Doherty, Associate Director, Operations.
For more information on making a donation of gift-in-kind to the Library, please click here.