About Noncash Donations

Any kind of item or service can be donated in-kind. Donations of tangible goods (meaning something you can touch) are considered noncash donations by Fractured Atlas. We can accept almost any type of donated noncash item for the purposes of a project and issue a receipt to the donor for the item, with some exceptions. 

To issue a tax receipt for a noncash donation, we need a completed noncash donation letter. Without it, we can't offer a receipt and the gift may not be tax-deductible.

The 8% administrative fee to process noncash donations is based on the total value of the items indicated by your donor on the noncash donation form and will be charged at the time the donation is processed. You must have a sufficient balance in your sponsored fund to cover the fee or you can authorize us to charge the fee to the card we have on file for membership dues. We recommend that you inspect all noncash donations before the donation is processed and a receipt issued, to ensure that the donor's estimated value is appropriate. We will only issue a donation receipt once you've confirmed that you've received the donation in your own possession. 

Also, if your project receives a noncash gift, the value of the noncash gift will be considered a grant from Fractured Atlas and is therefore also taxable income.

FYI: If the donor does not require a receipt and isn't looking for a tax deduction, then it is unnecessary to process the gift through your sponsored fund, in which case you'll avoid the administrative fee and the value of the donated item will not be considered taxable grant income for the legal entity associated with your sponsored project.