MDLT accepts gifts-in-kind that support its mission, are consistent with its policies, and are properly accounted for and acknowledged. A gift in-kind is an item such as equipment, software, or a product that a donor voluntarily transfers to MDLT without charge or consideration. All in-kind gifts must receive executive approval prior to acceptance.
Donors must complete a gift in-kind form that includes the name of the donor, a description of the item(s), the retail value of the item(s), and permission to publicly recognize the donation. Once accepted, the donated item(s) become the property of MDLT, which retains the right to dispose of a gift in-kind as it sees fit, unless another arrangement has been made with the donor.
MDLT reserves the right to refuse a gift if it is determined to be in conflict with the organization’s mission. This policy pertains to sponsored and/or collaborating projects of MDLT as well. MDLT reserves the right to refuse a gift if the time and costs of handling the asset are disproportionate to its expected value, if the organization’s exposure to liability is excessive, or if the organization’s prospects for realizing cash are distant and disproportionate to the current costs of holding the asset.
For additional information on in-kind giving, please contact us at (760) 366-5440 or email@example.com