Gifts in Kind

(redirected from GIK)
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The GIK incubation Centre has worked according to the provincial government vision according to which graduates were assisted in transferring their ideas into practical shape instead of wasting their precious time in job hunt, he said.
The plays lauded by the audience were: Nang of Quaid-i-Azam University Islamabad, Blood and Other Drug and Aik Alif of Comsats Lahore, It's not About Chaplien of National College of Arts, Lahore, Dafa 302 of National University of Sciences and Technology (NUST), Dastaan-e-Shajar of Iqra University, License of Baha-u-Din Zakariya University (BZU) and comedyof GIK Institute.
Second year Mechanical Engineering GIK student Roshan Rehman explained that a tilting mechanism allows their battery-powered vehicle to make sharp turns without losing speed, helping cover large distances without losing as much energy.
He said that institutions like the GIK Institute must play a key role in the development and progress of the country.
Jehangir Bashar, rector GIK Institute, Pro-Rector (Academics), Prof Dr Jameelun Nabi, Pro-Rector (Admin and Finance) Ahsan Bashir Sheikh, former rector of GIK Institute Prof Dr Abdullah Sadiq, GIK Institute Alumni Association (GIKIAA) president Irfanul Haq Chaudhry and a large number of former students from numerous foreign countries and different parts of Pakistan participated in the celebrations.
His work experience includes working at the Aga Khan University (AKU), GIK Institute of Engineering Sciences and Technology, Lahore University of Management Sciences (LUMS), and the Lahore School of Economics (LSE).
The winning institutions from the Punjab region are: the University of Lahore, University ofWah, and LUMS.The winners from the Sindh region are KASBIT, Karachi, University of Karachi andKarachi School for Business and Leadership.The winners from the Khyber Pakhtoonkhawa are COMSATS and GIK. The winners saidthe competition was a test of finding quality trading opportunities, applying sophisticated money management and taking calculated risks.Chairman, SECP Farrukh Sabzwari, Commissioner ,Tahir Mahmood and CommissionerShauzab Ali expressed their delight over the enthusiastic participation of the students.
Mohammad Riaz, a welder in GIK Institute's AC plant, was seriously injured in road incident on the Swabi-Mardan road.
The President lauded the role played by the GIK Institute in imparting quality education to students.
GIK Institute is one of the most prestigious institutions for engineering education and result-oriented research in the country.
PESHAWAR -- National Engineering Services of Pakistan (NESPAK) has prepared the designs structure of the new academic block at Ghulam Ishaq Institute of Engineering Sciences and Technology (GIK) Topi Swabi inaugurated by Prime Minister Imran Khan on August 27.
The Prime Minister impressed upon the students to achieve the highest standards of academic excellence by virtue of their education at a renowned institute like GIK. He referred to the Human and other resource potential of the country that could be successfully exploited towards the development of the country by hard work and focus on studies.