Santa Rosa Junior College Foundation

giving options

b) Call us
(707) 527-4348

c) Send a check and
gift designation
Payable to:
SRJC Foundation
1501 Mendocino Ave.
Santa Rosa, CA 95401-4395

Gifts of real property

Tangible Personal Property
The SRJC Foundation welcomes and seeks gifts of tangible personal property such as jewelry, artwork, collections, and antiques. If the gift does not fit within the stated missions of the College and have a use related to the College’s exempt purpose, there must be a reasonable plan to sell or otherwise convert the property to a usable asset to ultimately benefit the College.

Tangible personal property gifts of $5,000 or greater require an independent qualified appraisal. Gifts (acquired within 6 months) over $5,000 require a recent bill of sale, or appraisal from corporation, or independent appraisal. All other gifts of over $5,000 require an independent qualified appraisal. If equipment is donated by the corporation that purchased it, the Foundation credits the value determined by a recent bill of sale or an independent qualified appraisal. If an independent appraisal is needed, the donor pays for it. The donor should be informed that the cost of an independent appraisal is tax deductible. Appraisals made by the Foundation and/or College personnel are unacceptable because both are party to the transaction.

The SRJC Foundation is responsible for filing Form 8282 for gifts of tangible personal property, valued at more than $5,000 sold by the SRJC Foundation within two years of the date of the gift.

Learn More
Tangible Personal Property
Real Property