B-W: Giving Art, Collections and other Personal Property

Gifts of artwork, collections and other personal property (Gifts-in-kind) are welcomed by B-W, as long as they enhance the quality of student education. Typically before a gift of this kind is accepted, the department where it will be located is advised of the proposed gift and asked to evaluate it's appropriateness for the program it will serve. Once accepted, the donor of the property hould obtain an independent evaluation of the dollar value and report that to B-W. IRS Form 8283, Noncash Charitable Contributions, needs to accompany your Federal income tax return for the year the gift is made. Please be advised that your charitable deduction is limited to your original basis or cost.