Donation Value Guide - Goodwill Industries of Central Illinois

1 Donation Value GuideThank You for Donating to GoodwillYour generous Donation plays an important role in our ability to fulfill the Goodwill mission. Revenues from the sale of gently-used items support the Vocational Services Programs of Goodwill . Donations and purchases provide job training that make it possible for people to improve their economic situa-tion. The generosity of people like you helps make it possible for Goodwill to improve lives through the dignity and power of items that are unique or especially valuable may be directly donated to Goodwill s online auction site Industries also accepts donations of vehicles. The donor must be able to turn over a clear title and the keys to the car and should remove the license plates before donating the car.

2 All vehicle donations should be made at the Peoria War Memorial Guide In general, taxpayers who itemize are entitled to deduct the Value of goods donated to qualified religious, charitable , educational, governmental or other philanthropic rules governing valuation , record keeping and reporting can be quite complex. Therefore, we recommend obtaining IRS Publications 526 and 561 and/or consulting a tax advisor if your situation so to some of the more commonly asked questions are provided below: Can Goodwill place a Value on my non-cash charitable contribution for me? No. The IRS requires the donor to assign values. Some acceptable methods are estimated resale Value , replacement cost, or qualified appraisal. Regardless of the method used, consideration should be given to the age, condition, quality, style and use of the donated documentation should I obtain at the time of my Donation ?

3 A receipt from the donee should be obtained specifying the name of the organization, date and location of the contribution as well as a description of the donated property. Goodwill Industries of Central Illinois offers all donors Donation receipts at the time of your lost my Donation receipt. Can Goodwill give me another copy? Unfortunately, Goodwill cannot give duplicate copies of Donation receipts. With the large volume of donations we take in, we are simply unable to keep more information, contact Goodwill s Director of Development at (309) 682-1113 x2112 or visit our website, Guide Below is merely a guideline to assist you in determining values for your own items. You must take into consideration the quality and condition of your items when determining a Value .

4 The IRS does not allow us to make a dollar valuation . We can only verify your gift. According to Federal law, clothing and household goods must be in good used condition or better for tax s ClothingItem Low Range High RangeBlouse suits dresses hats coats garments suits ShoesItem Low Range High RangeWomen s Boots Women s Shoes s Shoes s Boots s ClothingItem Low Range High RangeJackets coats shorts trunks ties Children s ClothingItem Low Range High RangeBlouses Guide continues on next page >>Home Linens & TextilesItem Low Range High RangeBlankets covers rugs MiscellaneousItem Low

5 Range High RangeAdding machines trees ovens (riding) (auto) answering machine edger machine blower cleaner (working) Low Range High RangeBar stools (double) complete (single) complete (upholstered) table with mirror tables (two) set lamps table Chair and paintings pong tables tables black & white (working) color (working) Sporting GoodsItem Low Range High RangeBicycles rods skates rackets more information, contact Goodwill s Director of Development at (309) 682-1113 x2112 or visit our website.