Transfer of equipment, money, goods, services, and property with or without specifications as to its use Sometimes donation is used to designate contributions that are made with more specific intent than is usually the case with a gift, but the two terms are often used interchangeably (Also see Gift)
A citizen or group may wish to give land or interests in land to the Service for the benefit of wildlife Aside from the cost factor, these acquisitions are no different than any other means of land acquisition Gifts and donations have the same planning requirements as purchases
An unconditional transfer of cash or other assets to an entity or a cancellation of the entitys liabilities in a voluntary, nonreciprocal transfer by another entity
The act or contract by which a person voluntarily transfers the title to a thing of which be is the owner, from himself to another, without any consideration, as a free gift
The passage of monies, tangible goods, or services to another public institution or charity with no reciprocity expected to the University, other than good will The institution or charity shall not be a recognized political entity and the donation, gift, or contribution may not be in support of any political purpose Monetary gifts must be charged to unrestricted University funds, using account code 001280 to exclude the activity from any indirect cost calculations Donations, gifts, or contributions of equipment must be documented with Equipment Management so the value of the asset can be removed from University books
(1) In records management, the transfer of temporary records from a Federal agency to an eligible person or organization after the authorized retention period has expired Requires NARA's approval See also DISPOSAL (1)
Donations of land or interests in land (easement) can be made by a landowner to the public agency or private nonprofit organization This may allow the donor to claim federal and state income tax advantages, remove donated value from capital gains, and reduce potential estate taxes Donation of an easement routinely reduces the donor's property taxes in proportion to the easement's value