Gifts in kind (GIK), also referred to as in-kind donations, is a kind of charitable giving in which, instead of giving money to buy needed goods and services, the goods and services themselves are given. Gifts in kind are distinguished from gifts of cash or stock.
Other articles related to "gifts in kind":
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Famous quotes containing the word kind:
“By right or wrong,
Lands and goods go to the strong.
Property will brutely draw
Still to the proprietor;
Silver to silver creep and wind,
And kind to kind.”
—Ralph Waldo Emerson (18031882)