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Personalized and unique gifts at Things Remembered Special Occasions Wedding Business Store Locator Cart Account () Search Advanced Search Recipient Him Her The Couple Babies & Children Family Teacher/Coach American Heroes Occasion Holiday Birthday Anniversary Religious New Baby/Christening Housewarming Back to School Graduation Specialty Shops Our Best Gifts Popular Collections NFL Shop Clocks Frames Popular Brands Bulova® Cross® Swarovski® Zippo® Movado® Colibri® Sensa® Waterford® Waterman® Danbury® Reflections® Speidel® Stewart & Avery® Sheaffer® Aurora® More Ways To Shop Gift Categories Sale Price Need Help? Customer Service Frequently Asked Questions How to Order Shipping Costs & Schedules What is Personalization? Privacy & Security Shopping Services Rewards Club Request a Catalog Email Sign Up iRemembered Gift Announcement Site Map 100% Satisfaction Guarantee Easy Returns About Things Remembered Company Info Become an Affiliate Contact Us Employment toll free: 1-866-902-4438 Things Remembered is the right place to find a personalized gift for any occasion you're celebrating including weddings , anniversaries , birthdays , or business recognition . Personalized gifts for your reception and bridal party Our Wedding Gift Store features personalized bridesmaids and groomsmen gifts, favors , flutes & server sets , and everything in between to complete your wedding day. Our Bridesmaid and Groomsman Gift-Giving articles will help you to find the perfect gift. Personalized corporate gifts to recognize success Our Business Gift Store offers many ways to recognize success and a job well done. Our collection of unique awards & trophies , writing gift sets , desk collections , and leather accessories will help show your appreciation and will be treasured for years to come. "Fall" into our new line of men's gifts . New season, new looks, new gifts for her to match her everyday style. Save up to 25% off on all jewelry for women and children . Personalize Your Wedding Sweepstakes . Sign up to receive email updates, sales alerts, and special offers from Things Remembered. Site Map | Customer Service | Contact Us | Store Locator | Company Info | Employment | My Account © 2005 Things Remembered. All rights reserved. Privacy



Valentine Gift

Gifts and Collectibles - Find, Compare, and Buy at DealTime Books Cars Clothing Computers Electronics Flowers & Gifts Health & Beauty Home & Garden Jewelry Kids & Family Movies Music Office Sports Video Games Search for:      in   Gifts and Collectibles -------- All Categories Books Cars Clothing & Accessories Computers & Software Electronics Flower & Gifts Health & Beauty Home & Garden Jewelry & Watches Kids and Family Movies Music Office Sports & Outdoors Video Games    Back to: Flowers and Gifts You found 128 products in Gifts and Collectibles Greeting Cards and Gift Wrap Gift Wrapping Bags Search by Price Range: Below $20 (119) $20 - $30 (6) $30 - $60 (2) Above $60 (1) Search by Store: Oriental Trading Company (84) SHOP.COM (13) Flax Art (6) Bitwise Gifts (5) Terry's Village (4) More... Or Search By: Keyword Compare prices on over 128 products Tax and shipping estimated for Atlanta, GA 30319 | Change ZIP Product Description Store Name & Rating Total Price Featured Product SNOWMAN PAINTED CANVAS GIFT BAGS W/ TIES per Dozen 3 3/4" x 9" Canvas Painted Snowman Gift Bags with Ties. Includes 6" jute ties with wooden snowflake dangles. Assorted designs. 12 bags and 12 ties. © OTC Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) Featured Product Monogram Embosser What an impressive presentation! Our handy Embosser imprints gift bags cards envelopes wrapping paper or our selfadhesive gold and silver seals with your own personal inscription. Choose from a single initial in a lovely script a three initial monogram or our Wine Enthusiast dedication Â?Happy Hol... Read more at The Wine Enthusiast In stock The Wine Enthusiast 4 store reviews $71.90 No Tax Includes shipping: $11.95 See all products from The Wine Enthusiast (2) Featured Product CANVAS HOLIDAY GIFT BAGS & TIES per Dozen 3 3/4" x 9" Painted Canvas Holiday Gift Bags with Ties. Includes 6" jute ties with wooden peppermint dangles. Assorted designs. © OTC Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) HIBISCUS PRINT CANVAS GIFT BAGS W/TIES per Dozen 5" x 9" Hibiscus Print Canvas Gift Bags With Ties. Includes 3" silk flower ties. Assorted colors. © OTC Read more at Oriental Trading Company Out of stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) ANGEL CANVAS GIFT BAGS W/STAR TIES per Dozen 3 3/4" x 9" Canvas Painted Angel Gift Bags with Star Ties. Includes 6" jute ties with wooden star dangles. Assorted colors. © OTC Read more at Oriental Trading Company Out of stock Oriental Trading Company 30 store reviews Trusted store $1.99 No Tax Shipping not included See all products from Oriental Trading Company (84) Large Cello Gift Bags Just the thing for glorious gifts and bountiful baskets - these festive bags give every present a special touch. Large (22"W x 25"H x 8"D) size works for even the most generous goody baskets (basket not included). Set features eight transparent bags: two each of two print designs, two red, two green... Read more at Miles Kimball In stock 5 store reviews $9.98 No Tax Includes shipping: $3.99 See all products from Miles Kimball (2) Medium Pink Gift Bag All gift bags also come with matching two sheets of tissue paper and ribbon. gfit bag, gift bags, medium gift bag, bag, Gift Bags & Boxes, Gift Bags & Boxes, , the body shop, The Body Shop, the body shop.com, The Body Shop.com Read more at The Body Shop In stock 264 store reviews Trusted store $8.50 Includes tax: $0.25 Includes shipping: $4.75 See all products from The Body Shop (4) CHRISTMAS SHEER GIFT BAGS per Dozen 4" x 2 3/8" x 6 1/4" Christmas Sheer Gift Bags. Assorted colors. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $12.95 No Tax Shipping not included See all products from Oriental Trading Company (84) ASSTD SNOWMAN PAPER GIFT BAGS per Dozen 7 3/8" x 3 1/4" x 9 1/4" Snowman Paper Gift Bags. Decorated with foam pieces. Assorted designs and colors with jute rope handles. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $7.95 No Tax Shipping not included See all products from Oriental Trading Company (84) SNOWMAN BROWN PAPER GIFT BAGS per Dozen 6 1/2" x 3 1/4" x 9" Snowman Brown Paper Gift Bags. Assorted designs. © OTC Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) COUNTRY SNOWMAN GIFT BAGS WITH TIES per Dozen 3 3/4" x 9" Country Snowman Gift Bags with Ties. Includes 6" jute ties with assorted wooden accents. Assorted designs and colors. © OTC Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) Sweet in the Sack gift bag These bags are full of birthday pizzazz and 2 dozen gourmet cookies too! Choose from three high quality, fanciful designs guaranteed to be a perfect match: *If a plasma TV and season tickets are out of your price range, make his tummy happy with the Papa's Got a Brand New Bag. *If a diamond neckla... Read more at SHOP.COM In stock SHOP.COM 4 store reviews $30.44 Includes tax: $1.54 Includes shipping: $6.95 See all products from SHOP.COM (13) DO YOU SEE BROWN PAPER GIFT BAGS per Dozen 6 1/2" x 3 1/4" x 9" Brown Paper "Do You See What I See?" Gift Bags. Assorted designs. © OTC Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) SM SHEER MESH DRAWSTRING GIFT BAGS per Dozen 3 1/2" x 4 3/4" Sheer Polyester Mesh Drawstring Gift Bags. Each with a satin drawstring. Assorted colors. Imported. Large bag sold separately. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $4.95 No Tax Shipping not included See all products from Oriental Trading Company (84) JESUS LOVES SNOW MUCH GIFT BAG & TIES per Dozen 3 3/4" x 9" Painted Canvas "Jesus Loves You Snow Much!" Gift Bags. Includes 6" jute ties with wooden snowflake dangles. Assorted designs. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $4.95 No Tax Shipping not included See all products from Oriental Trading Company (84) SMALL HOLIDAY PAPER GIFT BAGS per Dozen 6 3/4" x 3" x 8" Holiday Paper Gift Bags. Each with fabric appliqués and 4 1/2" jute handles. Assorted designs. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $5.95 No Tax Shipping not included See all products from Oriental Trading Company (84) LG SHEER MESH DRAWSTRING GIFT BAGS per Dozen 6" x 8" Sheer Polyester Mesh Drawstring Gift Bags. Each with a satin drawstring. Assorted colors. Imported. Small bag sold separately. Read more at Oriental Trading Company In stock Oriental Trading Company 30 store reviews Trusted store $9.95 No Tax Shipping not included See all products from Oriental Trading Company (84) ORNATE MINI GIFT BAGS per Set These delicately detailed designs are the perfect way to give jewelry or small trinkets. After filling them, hang them on the tree for discovery Christmas morning. Made of felt with tassel accents. 3 1/4" square. (Set of three) Read more at Terry's Village In stock Terry's Village 31 store reviews $1.45 No Tax Shipping not included See all products from Terry's Village (4) SNOWMAN/SANTA & REINDEER GIFT BAGS per Dozen 9" Polyester Stuffed Snowman, Santa and Reindeer Gift Bag Ornaments. Each with VELCRO® brand closure. Assorted styles. VELCRO® is a registered trademark of Velcro Industries B.V. Read more at Oriental Trading Company Out of stock Oriental Trading Company 30 store reviews Trusted store $4.49 No Tax Shipping not included See all products from Oriental Trading Company (84) JUMBO HOLIDAY GIFT BAGS per Dozen 28" x 47" Plastic Jumbo Holiday Gift Bags. Bow not included. Christmas Gift Wrap & Bags Read more at SHOP.COM In stock SHOP.COM 4 store reviews $26.16 Includes tax: $1.26 Includes shipping: $6.95 See all products from SHOP.COM (13) SPRING SHEER GIFT BAGS (12PC) per Dozen With these gossamer little bags on hand, you'll always have a lovely way to present a little gift. Just slip in a piece of jewelry, a check, or one of our Easter ornaments. Made of sheer fabric with satin drawstrings. Set includes three of each color. Angel pins sold separately. 4 1/4"H x 3"W. Read more at Terry's Village In stock Terry's Village 31 store reviews $6.95 No Tax Shipping not included See all products from Terry's Village (4) Showing 1-21 of 128 products Page: 1 2 3 4 5 6 7 Next 21 Why are these stores listed? Sponsored Listings ( About ) Wine & Food Gift Baskets For Someone Special, $59-$499 Hand Written Cards, Ship Today www.WineBasket.com Gift Basket Find unique gourmet gift Baskets & Towers at Harry and David. www.HarryandDavid.com Gift Baskets Under $50 1-800-FLOWERS Delivers Nationwide Always Great Value! www.1800flowers.com Custom Plastic Cards Custom Printing of Plastic, Gift, Loyalty, Membership Cards & more! www.signaturecard.net All Occasion Gift Baskets Personalized Gifts For Under $25! 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College Gift

Guilford College - Gift Instruments Future Students Current Students Faculty & Staff Family & Friends Alumni Ways of Giving » Planned Giving » Gift Instruments GIFT INSTRUMENTS Bequest A clause in one's will by which property is left to a charitable institution such as Guilford College. This clause may provide for a specific amount, a percentage of the estate, or the residue of the estate after other specific bequests have been made. Charitable Remainder Trust A formal contract administered by a trustee, taking the form of either an annuity trust (fixed dollar return) or unitrust (fixed percentage of trust valued annually). These trusts may enable donors who own low-yield assets to make a gift and increase the cash flow return during their lifetimes. The donor may also receive a current income tax deduction, capital gains savings, and estate tax benefits. Charitable Gift Annuity An agreement created by an irrevocable transfer of money or property to Guilford College in exchange for a guaranteed income for life. The donor receives a current income tax deduction and may receive a portion of each annuity payment tax-free. Pooled Life Income Fund A pooled or common fund made up of contributions from numerous donors, commingled to minimize investment risk and maximize investment opportunities. Managed by Guilford College in much the same way as a mutual fund, it provides the donor with a source of income for life and a current income tax deduction. Life Insurance Gifts Life insurance policies may be given to Guilford College under arrangements such as: · gift of a paid-up policy · gift of a new or existing policy with Guilford College designated as owner and beneficiary · designation of Guilford College as partial or sole beneficiary (this method of giving may also be used to make planned gifts of Individual Retirement Accounts or other retirement plans) Gift of Residence or Farm with Life Estate A donor may give a farm or personal residence to Guilford College, retain lifetime use of the property, and secure substantial income and estate tax benefits. Lifetime use may be retained for one or two lives. Related Links Heritage Society Donor Testimonials Quick Links Academics @ Guilford 0) window.location=this.options[this.selectedIndex].value;" Academic Departments Academic Skills Center BannerWeb Certification Programs College Calendar Course Catalog Course Schedules First Year Program Guilford Writing Manual Library Study Abroad Programs What's Going On @ Guilford? 0) window.location=this.options[this.selectedIndex].value;" Art Gallery Athletics Campus Life Guilfordian Guilford Buzz Local Events and Activities News Services Where Can I Find Help? 0) window.location=this.options[this.selectedIndex].value;" Administration Admission Information Adult Programs Campus Ministry Campus Map Employment Opportunities Information Technology International Student Info Office of College Relations Office of Public Safety Student Services Ways of Giving Advancement E-mail: advancement@guilford.edu Phone: (336) 316-2178 About Guilford | Search | Site Map | Directories | BannerWeb | Lotus Notes | Policies | Help



College Gift

Covenant Bible College - Gift Acceptance Guidelines Giving to CBC | Contact Us Home The CBC Experience CBC Canada CBC Colorado CBC Ecuador Admissions Alumni Beyond CBC The Worship Center Gift Acceptance Guidelines Covenant Bible College, a not-for-profit organization organized under the laws of the State of Colorado and recognized as a charity in Canada, accepts gifts to Covenant Bible College and Covenant Bible College Foundation (hereinafter referred to as CBC) for purposes that will help CBC to further and fulfill its mission. The following policies and guidelines govern acceptance of gifts made to CBC or for the benefit of any of its programs. The mission of Covenant Bible College is to equip men and women to live as disciples of Jesus Christ. Purpose of Policies and Guidelines The Board of Directors of CBC and its staff solicit current and deferred gifts from individuals, corporations, and foundations to secure the future growth and missions of Covenant Bible College. These policies and guidelines govern the acceptance of gifts by CBC and provide guidance to prospective donors and their advisors when making gifts to CBC. The provisions of these policies shall apply to all gifts received by CBC for any of its programs or services. Use of Legal Counsel Covenant Bible College shall seek the advice of legal counsel in matters relating to acceptance of gifts when appropriate. Review by counsel is recommended for: Closely held stock transfers that are subject to restrictions or buy-sell agreements Documents naming CBC as Trustee Gifts involving contracts, such as bargain sales or other documents requiring CBC to assume an obligation Transactions with potential conflict of interest that may invoke IRS (Internal Revenue Service) or CCRA (formerly "Revenue Canada") sanctions Other instances in which the use of counsel is deemed appropriate by the Gift Acceptance Committee Conflict of Interest CBC will urge all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts and the resulting tax and estate planning consequences. CBC will comply with the Model Standards of Practice for the Charitable Gift Planner promulgated by the National Committee on Planned Giving (for US gifts) and the CICA (Canadian Institute of Chartered Accountants) Handbook. Restrictions on Gifts CBC will accept unrestricted gifts, and gifts for specific programs and purposes, provided that such gifts are not inconsistent with its stated mission, purposes, and priorities. CBC will not accept gifts that are too restrictive in purpose. Gifts that are too restrictive are those that violate the terms of the corporate charter, gifts that are too difficult to administer, or gifts that are for purposes outside the mission of CBC. All final decisions on the restrictive nature of a gift, and its acceptance or refusal, shall be made by the Gift Acceptance Committee of CBC. The Gift Acceptance Committee The gift acceptance committee shall consist of the members of the CBC Foundation board. Ex-officio members shall include the Executive Director of the CBC Foundation and the President of the College. The gift acceptance committee is charged with the responsibility of reviewing all gifts made to CBC, properly screening and accepting those gifts on behalf of CBC, and making recommendations to the CBC International Board on gift acceptance issues when appropriate. Types of Gifts The following gifts are acceptable: Cash Tangible personal property Securities Real Estate Remainder interests in property Oil, gas, and mineral interests Bargain sales Life insurance Charitable Gift Annuities (US-source income; through CTC) Charitable Remainder Trusts Retirement Plan Beneficiary Designations Bequests Life Insurance Beneficiary Designations The following criteria govern the acceptance of each gift form: Cash Cash is acceptable in any form. Checks shall be made payable to Covenant Bible College or Covenant Bible College Foundation or to any CBC campus. Loose change (offerings) shall be collected and recorded according to cash handling procedures. Tangible Personal Property All other gifts of tangible personal property shall be examined in light of the following criteria: Does the property fulfill the mission of CBC? Is the property marketable? Are there any undue restrictions on the use, display, or sale of the property? Are there any carrying costs for the property? The final determination on the acceptance of other tangible property gifts shall be made by the Gift Acceptance Committee of CBC. Securities CBC can accept both publicly traded securities and closely held securities. Marketable securities may be transferred to an account maintained at one or more brokerage firms or delivered physically with the transferor's signature or stock power attached. As a general rule, all marketable securities shall be sold upon receipt unless otherwise directed by the CBC International board. In some cases, marketable securities may be restricted by applicable securities laws; in such instance the final determination on the acceptance of the restricted securities shall be made by the Gift Acceptance Committee of CBC. Closely held securities, which include not only debt and equity positions in non-publicly traded companies but also interests in LLPs and LLCs or other ownership forms, can be accepted subject to the approval of the Gift Acceptance Committee of CBC. However, gifts must be reviewed prior to acceptance to determine that a) there are no restrictions on the security thatwould prevent CBC from ultimately converting those assets to cash, b) the security is marketable, and 3) the security will not generate any undesirable tax consequences for CBC. If potential problems arise on initial review of the security, further review and recommendation by an outside professional may be sought before making a final decision on acceptance of the gift. Professionals at the Covenant Trust Company and National Covenant Properties may be consulted in these matters. The final determination on the acceptance of closely held securities shall be made by the Gift Acceptance Committee of CBC and legal counsel when necessary. Every effort will be made to sell non-marketable securities as quickly as possible. Real Estate Gifts of real estate may include developed property, undeveloped property, or gifts subject to a prior life interest. Prior to acceptance of real estate, CBC shall require an initial environmental review of the property to ensure that the property has no environmental damage. In the event that the initial inspection reveals a potential problem, CBC shall retain a qualified inspection firm to conduct an environmental audit. The cost of the environmental audit shall generally be an expense of the donor. When appropriate, a title binder shall be obtained by CBC prior to the acceptance of the real property gift. The cost of this binder shall generally be an expense of the donor. Prior to acceptance of the real property, the gift shall be approved by the Gift Acceptance Committee of CBC and by CBC's legal counsel. Criteria for acceptance of property shall include: Is the property useful for the purposes of CBC? Is the property marketable? Are there any restrictions, reservations, easements, or other limitations associated with the property? Are there carrying costs, which may include insurance, property taxes, mortgages, or notes associated with the property? Does the environmental audit reflect that the property is not damaged? Remainder Interests in Property CBC will accept a remainder interest in a personal residence, farm, or vacation property subject to the provisions of the Real Estate section above. The donor or other occupants may continue to occupy the property for the duration of the stated life. Generally, the occupant would agree to pay for the utilities supplied and the maintenance of the property during the occupancy period. CBC would be responsible for insuring the property and for taxes. At the death of the donor, CBC may use the property or reduce it to cash. Oil, Gas, and Mineral Interests CBC may accept oil and gas property interests, when appropriate. Prior to acceptance of an oil and gas interest, the gift shall be approved by the Gift Acceptance Committee, and if necessary, by the Foundation's legal counsel. Criteria for acceptance of the property shall include: Gifts of surface rights should have a value of $20,000 or greater. Gifts of oil, gas, and mineral interests should generate at least $3,000 per year in royalties or other income (as determined by the average of the three years prior to the gift). The property should not have extended liabilities or other considerations that make receipt of the gift inappropriate. A working interest is rarely accepted. A working interest may only be accepted when there is a plan to minimize potential liability and tax consequences. The property should undergo an environmental review to ensure that CBC has not current or potential exposure to environmental liability. Bargain Sales CBC will enter into a bargain sale arrangement in instances in which the bargain sale furthers the mission and purposes of CBC. All bargain sales must be reviewed and recommended by the Gift Acceptance Committee and approved by the CBC International Board of Directors. Factors used in determining the appropriateness of the transaction include: CBC must obtain an appropriate independent appraisal substantiating the value of the property. If CBC assumes debt with the property, the debt ratio must be less than 50% of the appraised market value. CBC must determine that it will use the property, or that there is a market for sale of the property allowing sale within 12 months of receipt. CBC must calculate the costs to safeguard, insure, and expense the property (including property tax, if applicable) during the holding period. Life Insurance CBC must be named as both beneficiary and irrevocable owner of an insurance policy before a life insurance policy can be recorded as a gift. The gift is valued at its interpolated terminal reserve value, or cash surrender value, upon receipt. If the donor contributes future premium payments, CBC will include the entire amount of the additional premium payment(s) as a gift in the year that payment(s) is/are made. If the donor does not elect to continue to make gifts to cover premium payments on the life insurance policy, CBC may a) continue to pay the premiums, b) convert the policy to paid up insurance, or c) surrender the policy for its current cash value. Charitable Gift Annuities CBC is not licensed to offer charitable gift annuities. Donors with US-sourced income may establish gift annuities that benefit CBC through the Covenant Trust Company. Charitable Remainder Trusts CBC may accept designation as remainder beneficiary of a charitable remainder trust with the approval of the Gift Acceptance Committee. CBC will not accept appointment as Trustee of a charitable remainder trust. Under Canadian law, a charitable remainder trust is an irrevocable trust where the capital beneficiary is the charity. Canadian tax law is different than US tax law in relation to the tax treatment of gifts of a residual interest to a charity. In both countries, the donor is considered to have made a gift of the residual interest in the trust. However, a transfer of appreciated capital property to such a trust would result in a capital gain on which the settler would be taxed in Canada, whereas no tax would be payable in the US on a transfer of long-term capital gain property. The value of the property passing to the charity on the death of a US settler would be added to the taxable estate of the US settler, but a full deduction would be allowed for estate tax purposes. This no income or estate tax is payable in connection with a transfer of an appreciated long-term capital gain property to a charity for US tax purposes. Charitable Lead Trusts CBC may accept a designation as income beneficiary of a charitable lead trust. CBC will not accept an appointment as Trustee of a charitable lead trust. Retirement Plan Beneficiary Designations Donors and supporters of CBC will be encouraged to name CBC as beneficiary of their retirement plans. Such designations will not be recorded as gifts to CBC until such time as the gift is irrevocable. When the gift is irrevocable, but is not due until a future date, the present value of that gift may be recorded at the time the gift becomes irrevocable. Bequests Donors and supporters of CBC will be encouraged to make bequests to CBC through their wills and trusts. Such bequests will not be recorded as gifts to CBC until such time as the gift is irrevocable. When the gift is irrevocable, but is not due until a future date, the present value of that gift may be recorded at the time the gift becomes irrevocable. Life Insurance Beneficiary Designations Donors and supporters of CBC will be encouraged to name CBC as beneficiary or contingent beneficiary of their life insurance policies. Such designations shall not be recorded as gifts to CBC until such time as the gift is irrevocable. When the gift is irrevocable, but is not due until a future date, the present value of that gift may be recorded at the time the gift becomes irrevocable. Miscellaneous Provisions Securing appraisals and legal fees for gifts to CBC It will be the responsibility of the donor to secure an appraisal (where required) and independent legal counsel for all gifts made to CBC. Valuation of gifts for development purposes CBC will record a gift received by CBC at its valuation for gift purposes on the date of the gift. Responsibility for IRS and Filings upon sale of gift items The Gift Acceptance Committee of CBC is responsible for filing IRS Form 8282 upon the sale or disposition of any asset sold within two years of receipt by CBC when the charitable deduction value of the item is more than $5,000. CBC must file this form within 125 days of the date of sale or disposition of the asset. Acknowledgement of all gifts made to CBC and compliance with the current IRS and CCRC requirements in acknowledgement of such gifts shall be the responsibility of the Board of Directors of CBC International. © 2005, Covenant Bible College. All Rights Reserved.



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