Gifts in Kind


Also found in: Acronyms, Wikipedia.

Gifts in Kind

Any donation other than cash to a non-profit organization. For example, gifts in kind may consist of stocks, bonds, or inventory. In general, gifts in kind are tax deductible at their fair market value.
References in periodicals archive ?
Over the last decade, nearly $550 million worth of newly manufactured products has been distributed through the Gifts In Kind America network.
Gifts In Kind America is based in Alexandria, Virginia and operates a national transportation system and a network of regional warehouses to facilitate transportation and distribution of donated goods.