Many of us here donate quilts to charities.
A recent post (rant) about a last minute request to change the middle of an already-quilted quilt raised the point (again) that most non-quilters do not understand the value of a quilt.
I wonder how many of us include a "receipt" with our donation that conveys its value? This would help recipients understand the value, and in an increasing number of cases, help organizations report their true fundraising results. I have served on nonprofit boards of directors, and one of the topics we've discussed in the past is the value of in-kind donations.
A donated quilt has two (and you could make it three) types of contribution:
1. direct cost of materials (fabric, thread, batting, etc.)
2. hours of labor
-- piecing
-- quilting
You'd need to check with your tax person, but it's possible that at least the direct cost of materials could be deductible if you itemize your income tax returns. Not so sure about the labor. That's tricky.
But communicating this value helps educate the recipient, helps them understand and if needed record the value of the donation on their books.
Thoughts?
-- Jillaine