Before You Donate
Please consider the following as you prepare to send your in-kind donation.
Valuation
While we provide written acknowledgment of all in-kind donations, we may not value the gift. When the total claimed value of all philatelic related in-kind gifts is $5,000 or less during a tax year, the IRS permits the donor to use their guidelines to determine the valuation. Most donors use fair market value as the basis for their valuation.
To claim more than $5,000, the IRS requires an independent and qualified appraisal. The cost of the appraisal is also tax deductible. Most philatelic appraisals are performed by APS dealer members. Click here to use the APS Dealer Directory to find a qualified appraiser near you.
Benefits
In addition to a tax deduction, donating philatelic material may save you capital gains taxes. A donation of all or part of your philatelic property may save your loved ones the stress of disposing of your collection, and may reduce your estate taxes. Click here to learn more about estate planning with the APS.
Tax Forms
When $500 or more is claimed in noncash charitable contributions, donors will need to complete IRS Form 8283. Instructions are available here.
How to Donate
In-kind donations should be shipped or delivered to:
American Philatelic Society
Attn: Development Office
100 Match Factory Place
Bellefonte, PA 16823
Please include your name and mailing address so we can provide proper acknowledgment. Our written acknowledgment will include a brief description of the items received. We encourage donors to include a complete inventory with their donation to help our team process it more efficiently. Please allow 30 days for our written acknowledgment.