Helpful Resources for Gift Book Donors

Valuation & Appraisal

The appraisal of a gift to the library for tax purposes is the responsibility of the donor who benefits from the tax deduction.

• For general information about rare books and determining value, you may find "Your Old Books," (Rare Books and Manuscripts Section, Association of College and Research Libraries) to be helpful.
• You may seek an appraiser at the American Society of Appraisers or the Antiquarian Booksellers Association of America.   Upon request, the Library can suggest independent appraisers for the donor to engage.

Federal Tax Links & Forms

• For information on valuing your gift for tax purposes, please consult the Internal Revenue Service Publication #561, Determining the Value of Donated Property.
• If the value of the donation is greater than $500, the Internal Revenue Service requires the submission of IRS Form 8283.
• If the value of the donation is greater than $5000, an independent appraisal is required by the Internal Revenue Service and the University is required to sign IRS Form 8283 acknowledging receipt of the gift.