Art Donation
- Gifts must be unconditional, transferring ownership and all rights of ownership to the ACNW.
- Gifts are accepted only with the understanding that the ACNW has the right to determine retention, location, and other considerations relating to the use of disposition of the donated gift.
- The ACNW may display the gift or not.
- The ACNW may sell the item and use the proceeds for any purpose appropriate to the ACNW’s mission.
- The ACNW may transfer ownership to any other person or agency it deems appropriate.
The ACNW will not supply Income Tax receipts for donation without appraisal by a recognized Art Appraiser. Donors are responsible for having their gifts appraised for Income Tax purposes, and the cost of any appraisal must be borne by the donor. Only appraisals that are not more that 12 months old will be accepted. No appraisal is necessary if the donation does not need an Income Tax receipt. Before any donation of artwork can be accepted by the ACNW, a Donation form must be signed by the donor and the Executive Director or the President of the ACNW Board. The Donation Form transfers ownership of the gift to the ACNW, and clarifies the conditions of this policy.