Some supporters make
their contribution through a gift of real estate, art works,
equipment or other tangible personal property. Alternatively,
the NSAC may choose to sell the property and use the cash proceeds.
Gifts can be made outright, as residual interest or to fund
a charitable remainder trust.
A tax receipt will be issued for the fair
market value of an outright gift based on an independent professional
appraisal. A gift of professional services or items from the
inventory of a company do not qualify under the Income Tax Act
(Canada) for a tax receipt.
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