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All gifts-in-kind become the property of Central University Libraries. All gifts are considered to be unrestricted unless special arrangements have been made with the Collection Development Department prior to delivery. All gifts will be considered for addition to the Libraries' collections, but we reserve the right to exchange, sell, or discard any items that do not fit our needs.
Donations of small quantities may be dropped off at the Fondren Library Center Circulation Desk during regular library hours. Please leave name and address for acknowledgment. Deliveries of large quantities should be coordinated with the Collection Development office by calling (214) 768 - 4322.
We may ask to view a gift or a description of its contents prior to acceptance. If the gift is not suited to our needs, we will attempt to refer the donor to a more appropriate recipient.
The donor will receive a letter of acknowledgment describing the quantity and type of materials donated. However, the libraries cannot compile a detailed list of the donated materials. If the donor supplies a list of the contents, a copy of this list will be returned along with the letter of acknowledgment.
Generally, the fair market values of gifts-in-kind are deductible. If the total amount of all non-cash deductions for the calendar year exceeds $5,000.00, the donor must report the deductions to the Internal Revenue Service by using Form 8283, which may be found on the IRS web site.
Donations valued at $250.00 or more require written acknowledgment from the recipient. Donations valued at over $5,000.00 require an appraisal report from an impartial qualified appraiser to be submitted with the return claiming the deduction. This appraisal report must be completed no earlier than 60 days prior to the gift. A copy of the appraisal must be given to the Libraries. The libraries do not perform appraisals.
