In-Kind Donation Accounting and Tax Advice

Made for Freedom Foundation is the nonprofit arm of Made for Freedom LLC. The LLC has made in-kind donations of bracelets to the nonprofit to be offered as a gift with a $25 donation. We need clear guidance on how that transfer should be treated — specifically the tax ramifications the nonprofit and the correct way to record the transaction for tax and accounting purposes.

We are looking for a volunteer with Accounting and Tax expertise (CPA or experienced tax accountant) to advise our team. The volunteer will:
- Explain the tax and accounting treatment for the nonprofit when receiving and distributing donated bracelets as gifts with donation, including how to value the gift for contribution receipting, acknowledgement requirements for donors, and any tax consequences for the nonprofit.
- Provide examples showing how to record the donation and the subsequent distribution/fulfillment, plus a brief documentation checklist the nonprofit should retain for tax records.

Organization Mission

Made for Freedom Foundation works to break the cycle of human trafficking and exploitation by addressing the root causes that make people vulnerable—poverty, lack of education, and limited access to safe, dignified employment. We believe freedom is sustained by empowering individuals through opportunities for economic advancement. Our mission is to combat human trafficking and exploitation by empowering survivors and at-risk individuals through educational and job training scholarships, while raising awareness and advocating for prevention in communities worldwide.