Donation Information

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Organizations described as 501(c)(3) are commonly referred to as charitable organizations. Keeper of the Grumper Foundation is a 501(c)(3) charitable organization, and you are eligible to receive tax-deductible contributions in accordance with IRS Code. 

Donation of Electronics:  – Donations of electronic goods that are in “good” condition are entitled to a tax deduction, according to Federal law. 

The Internal Revenue Service requires that all charitable donations be itemized and valued. Under the IRS Code, Non-cash Charitable Contributions — applies to deduction claims totaling more than $500 for all contributed items. If you are donating item for more than $500, you are responsible for valuing at the fair market value of the property. 

If a donor is claiming over $5,000 in contribution value, there is a section labeled “Donee Acknowledgement” in Section B, Part IV of Internal Revenue Service (IRS) Form 8283 that must be completed. 

For more information, please visit: https://www.irs.gov/forms-pubs/about-publication-561 "Determining the Value of Donated Property"  

Keeper of the Grumper Foundation will gladly provide a donation slip, as substantiation for your contributions in good used condition, only on the date of the donation.

Mileage Deduction: IRS standard mileage rates for 2024– You can deduct 14 cents per mile driven in service of charitable organizations; this would include your drive to drop-off the electronics to our location. 

Please Note: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Keeper of the Grumper Foundation is not responsible for the accuracy of the information provided. You should consult your own tax, legal and accounting advisors before engaging in any deductions.