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Re: Museum donations and internship project

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CCSII

January 29, 2010 10:38AM

Registered: 15 years ago
Posts: 107

First I would find out why the other donor withdrew his collection. Probably nothing there but his reason might have some bearing on what you are willing to do.

Second, if it is a loan, make up an accurate inventory (use a digital camera to photograph as much as possible) and have the museum sign off on what you are loaning.

Third, if it's a loan, there are no tax advantages. If it is a gift however, and you think it has substantial value, have a CPA help you with the tax aspects.

Good luck and it sounds like you might have a lot of fun with it.

Charley

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Subject	Author	Posted
Museum donations and internship project	K-27 Afficianado	January 22, 2010 10:44PM
Re: Museum donations and internship project	John Wilke	January 23, 2010 12:00AM
Re: Museum donations and internship project	Brian Norden	January 23, 2010 12:19AM
Re: Museum donations and internship project	george pearce	January 23, 2010 09:51AM
Re: Museum donations and internship project	CCSII	January 29, 2010 10:38AM
Re: Museum donations and internship project	K-27 Afficianado	January 29, 2010 09:36AM
Re: Museum donations and internship project	JamesDurrenberger	January 29, 2010 11:38AM
Re: Museum donations and internship project	Joe Magruder	January 29, 2010 11:41AM
Re: Museum donations and internship project	Brian Norden	January 29, 2010 08:50PM

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