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CrawfordCentury · 01-25-2012, 11:31 PM

Couple of last things:

-if you intend to claim a tax benefit of a donation, request the collecting institution's Frd Tax ID #. Every nonprofit is assigned one and it might comer in handy. There are a handful of for-profit museums (Funspot's fine classic arcade museum comes to mind - correct me if they're not part of the forprofit venture). These are legit but not places you can donate and get a writeoff. Again, museums shouldn't (if they prize their exempt status) assign $$$ value, so arrange for an appraisal

-When talking with a museum, request that an acknowledgment letter be sent. Additionally, request an Accesion number. If your artifact gets lost, the # might be helpful in locating it. At the very least, if you get an IRS audit it serves as a ref point. If the museum looses your stuff you're covered - and the onus is placed on them....and they need to answer as to why they dropped the ball.

01-25-2012, 11:31 PM	#27
CrawfordCentury Senior Member Join Date: Apr 2009 Location: Somewhere betwixt Gonic and Chocorua Posts: 191 Thanks: 13 Thanked 30 Times in 21 Posts	Couple of last things: -if you intend to claim a tax benefit of a donation, request the collecting institution's Frd Tax ID #. Every nonprofit is assigned one and it might comer in handy. There are a handful of for-profit museums (Funspot's fine classic arcade museum comes to mind - correct me if they're not part of the forprofit venture). These are legit but not places you can donate and get a writeoff. Again, museums shouldn't (if they prize their exempt status) assign $$$ value, so arrange for an appraisal -When talking with a museum, request that an acknowledgment letter be sent. Additionally, request an Accesion number. If your artifact gets lost, the # might be helpful in locating it. At the very least, if you get an IRS audit it serves as a ref point. If the museum looses your stuff you're covered - and the onus is placed on them....and they need to answer as to why they dropped the ball. __________________ Plant a garden. Heat with wood. And thank a veteran.