In-Kind Donations

Making In-Kind Donations to the Algonquin College Advancement Office

If you own a tangible piece of property such as a work of art, rare books, equipment, vehicles, machinery or valuable collections they well could qualify as an in-kind donation as defined by the Canada Revenue Agency, the federal government department that regulates and oversees all charitable donations.

A group of Algonquin College learners pose in front of a Learjet donated by Sky Service.

A group of Algonquin College learners pose in front of a Learjet donated by Sky Service.

There are many physical objects that can be considered and accepted as in-kind donations and they may result in significant tax deductions for you, as the donor.

If your in-kind gift is accepted, you would be required to transfer ownership to the Algonquin College Advancement Office, in writing.

 

A written evaluation of fair, market value of your in-kind gift (at the time it is donated) is established by a qualified, third-party appraiser, and you receive a donation receipt for income tax purposes.

To discuss making an in-kind donation to the Algonquin College Advancement Office please email us or, call 613-727-4723 ext. 7113