Fair Market Value


In this module you will learn the basics of receipting for gifts-in-kind.

Questions such as what is a gift-in-kind (donation), can we issue an official donation receipt?, and how do we determine fair market value will be answered.

There are two learning modules covered under this topic:

    1. Fair Market Value - The Basics
    2. Deemed Fair Market Value

You can move through the modules at your own pace. Clicking the >> while you are in a module, will give you the Table of Contents (TOC) for the module. Clicking on links or the hand will guide you to related topics within our site, or to external sites.

If you have not viewed the Information Map for Receipting, you may want to take a look at www.charitycentral.ca/node/5

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It's all up to you!

FMV - The Basics

This module covers basic information on Fair Market Value (FMV). It answers the questions: What is Fair Market Value (FMV)and why is it important? What are the specific rules for determining FMV? How do I receipt for FMV different types of gifts cash or gifts-in-kind)? What other considerations do I need to take into account when determining FMV? What is Deemed FMV value? GST and Fair Market Value (FMV)

Deemed Fair Market Value

This learning module provides information on: The rules around deemed fair market value (FMV); When do you apply the deemed FMV rule?; How to determine deemed FMV for gifts-in-kind?; What are the exceptions to the rule?; and Where can you find additional information on deemed FMV?