Artwork, collectibles, and other tangible assets
Donors may offer to give tangible property such as:
Artwork
Collectibles
Vehicles
Antiques
Agricultural commodities
Cryptocurrency
Because these assets vary widely in value and liquidity, nonprofits typically evaluate them on a case-by-case basis.
Pro tip
When discussing gifts of tangible property, begin by asking the donor what they hope their gift will accomplish. This keeps the focus on mission impact rather than logistics. Also, keep in mind that you can partner with an intermediary, such as a community foundation or other partner, to support your organization’s receipt of tangible personal property or the proceeds from its sale.