Instead of giving a charity money, companies sometimes donate useful goods or services that the organization needs. This is called an in-kind donation.
If a school choir was given a chance to sing in Rome and American airlines flew them there for free, the airplane flights would be an in-kind donation. If a supermarket gave a soup kitchen free food, that would be an in-kind donation.
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!