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Gifts in kind, 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. Some types of gifts in kind are appropriate, but others are not. [1]
An in-kind contribution is a non-cash contribution of goods or a service. Those are either offered free or at less than usual charge for them. [2] Similarly, when a person or entity pays for services on the committee’s behalf, the payment is also considered as an in-kind contribution.
A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant. Charitable donations of goods or services are also called gifts in kind. [1]
Generosity (also called largesse) is the virtue of being liberal in giving, often as gifts. [1] Generosity is regarded as a virtue by various world religions and philosophies and is often celebrated in cultural and religious ceremonies.
Gregory argued that one gives gifts to friends and potential enemies in order to establish a relationship, by placing them in debt. He also claimed that in order for such a relationship to persist, there must be a time lag between the gift and counter-gift; one or the other partner must always be in debt.
Warm-glow giving is an economic theory describing the emotional reward of giving to others. According to the original warm-glow model developed by James Andreoni (1989, 1990), [1] [2] people experience a sense of joy and satisfaction for "doing their part" to help others.
Indeed, some offers of aid have distorted the general spirit of volunteering, treating local voluntary action as contributions in kind, i.e., existing conditions requiring the modification of local people's behavior in order for them to earn the right to donors' charity. This can be seen as patronizing and offensive to the recipients because ...
An assurance unto all creatures with love and affection and abstention from every kind of injury, acts of kindness and favor done to a person in distress, whatever gifts are made without the giver's ever thinking of them as gifts made by him, constitute, O chief of Bharata's race, the highest and best of gifts (dāna).