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Gift contract 2025

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The document is a Non-Cash Gift Agreement for Boise State University, detailing the process for donors to transfer non-cash gifts. It includes sections for donor information, gift description, valuation methods, and acceptance terms. The agreement emphasizes that the university receives unrestricted legal title to the gift and outlines requirements for appraisals and tax documentation for gifts valued over $5,000.

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Click ‘Get Form’ to open the gift contract in the editor.
Begin by filling in the Donor Information section. Enter the name(s), phone number, address, email, and contact name. Specify if this is a personal, corporate, or foundation commitment by checking the appropriate box.
In the Gift Information section, describe the gift in detail. Include quantity, model number, manufacturer, title, artist, condition, and any additional support needed for operation. If necessary, attach a separate sheet for more information.
For Gift Value, input the estimated market value of the gift. Remember that if it exceeds $5,000, an appraisal is required.
Complete the signature section by signing and dating where indicated. Ensure all required signatures from Boise State University representatives are also included.

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Versions	Form popularity	Fillable & printable
2013	4.8 Satisfied (120 Votes)

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Is a gift agreement legally binding?

In California, a gift is legally defined as the transfer of property from one individual to another without receiving anything in return or receiving less than the full value of the property.

What is the meaning of gift contract?

A gift agreement is a legal document that regulates the voluntary, gratuitous transfer of assets or property from one person (the donor) to another person (the recipient). The gift agreement is a form of contract law in which the donor provides a financial benefit from their assets without expecting anything in return.

Who are the parties to a gift contract?

The parties to a gift agreement typically are the donor and the charity. Identifying the donor and the recipient of the gift seems simple in concept, but a number of problems can develop right at the beginning of the gift agreement. 1 See Uniform Marital Property Act 6. remaining payments due under the gift agreement.