[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-280976-105":53,"doc-detail-280976-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","in-kind-donation-of-closely-held-business-interests-donation-due-diligence-and-approval-form","IN-KIND DONATION OF CLOSELY HELD BUSINESS INTERESTS - Donation due diligence and approval form","","IN-KIND DONATION OF CLOSELY HELD BUSINESS INTERESTS collects required donor and business details to support due diligence for gifts to the Corporation of the President of the Church of Jesus Christ of Latter-day Saints (COP) or its affiliated charitable organizations. The packet explains that in-kind donations have tax and non-tax consequences requiring analysis, and outlines document retention, expected review timelines, and how COP evaluates, approves, and processes potential sale or redemption of donated interests. It includes donor information, entity specifications, and a due diligence checklist plus approval and acknowledgements guidance.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/in-kind-donation-of-closely-held-business-interests-donation-due-diligence-and-approval-form/280976/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/in-kind-donation-of-closely-held-business-interests-donation-due-diligence-and-approval-form/280976.png","ImageObject",442,249,{"name":88,"@type":89},"Aurelia","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-11-04","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":8},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What information and documents are requested to submit an in-kind donation of closely held business interests?","Question",{"text":108,"@type":109},"The form requests donor identity and contact details, business entity information (including tax classification and share/units data), and a due diligence checklist attaching key organizational and financial documents.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What is the due diligence checklist used for?",{"text":113,"@type":109},"The checklist provides materials COP needs to evaluate the proposed gift and determine whether it will accept or reject the donation under its donation policies.",{"name":115,"@type":106,"acceptedAnswer":116},"How does COP handle approval and next steps after review?",{"text":117,"@type":109},"Kirton McConkie reviews the materials and reports to a Gift Review Committee, which generally meets monthly. After approval, Kirton McConkie works with the donor to complete the donation and assists COP with the sale/redemption process, while the donor fulfills requirements for the tax deduction and COP provides the required written acknowledgement and signs IRS Form 8283 when presented.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},280976,1789563339,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":8,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":76},1099514068365,"https://ap-avatar.wpscdn.com/avatar/10000253d8d9f28188e?_k=1776742907772140068","IN-KIND DONATION OF CLOSELY HELD BUSINESS INTERESTS  \nThank you for considering an in-kind donation to Corporation of the President of the Church of Jesus Christ of Latter-day Saints (“COP”) or to one of its affiliated charitable organizations (collectively referred to as COP) . In-kind gifts present unique tax and non-tax consequences that must be analyzed before the proposed gift can be accepted. The information requested in these materials will assist us in completing the requisite due diligence for the gift, preparing necessary tax fillings for the gift if accepted, and accurately identifying the donor of each gift.  \nWe thank you in advance for your help in gathering this information. While we are happy to answer any questions we can, we urge you to consult your personal advisors for questions regarding the legal, tax, and non-tax consequences to a donor of an in-kind gift to a charity.  \nWe encourage you to retain copies of all documents sent in with your donation. We appreciate your kind assistance and consideration in preparing the necessary documentation and offering your property to the COP.  \nIf you have questions that we can help you with, please call our legal counsel at Kirton McConkie at 801-328-3600.  \nInformation about Individual Donor  \nIndividual Donor Name:   Individual Donor’s Address:   Contact Phone Number and Email Address:   Purpose of Gift (tithing, missionary, temple, humanitarian aid, donor advised fund, etc.):  \n_________________________________________________________________________________  \nIndividual Donor’s Social Security Number:    \nInformation about Business Interest Being Gifted  \nLegal Name of Business Entity:   Business Entity Form (Corporation, Partnership, LLC, etc.):   State of Organization/Incorporation:   Federal Tax Classification (C-Corp., S-Corp, Partnership, etc.):   Please note that COP normally does not accept gifts of interests in entities taxed as S-Corps.  \nFederal Employer Identification Number:   Approximate Date of Proposed Gift:   Total Number of Shares or Units Issued by Entity:   Number of Shares or Units to be Donated:   Approximate Value of Single Share or Unit:   Date Donor Acquired Shares or Units:   Description of Business’s Activities or Operations:    \nPlease provide a detailed overview as to why you are proposing to make a gift, and describe the nature of any potential liquidation event (i.e., the company is being sold to a private equity firm, etc.):    \n_________________________________________________________________________________  \nDUE DILIGENCE CHECKLIST  \nPlease attach a copy of the following documents. These will allow COP to evaluate the proposed gift. Please note that receipt by the COP of this packet, with its accompanying documents, is not an acceptance of a donation by COP and that COP reserves the right accept or reject the Donor’s contribution in accordance with its policies regarding donations. It is anticipated that the maximum expected time period required before final acceptance of the tendered gift is 30 days after COP receives all the required documents and information.  \nFor all entities:  \n□ Articles of Incorporation, Certificate of Organization, or equivalent  \n□ Bylaws, Partnership Agreement, Operating Agreement, or equivalent  \n□ Shareholder Agreements, Member Agreements, Buy-Sell Agreements, or equivalents  \n□ Draft Purchase Agreement or equivalent contract for future potential redemption, liquidation, or purchase of donated shares or interests.  \n□ Most recent entity financial statement  \nFor partnerships and limited liability companies:  \n□ Federal and State Tax Returns for the last 1-3 years  \n□ Balance Sheets and Income Statements for the last 1-3 years (audited if available)  \n□ Most recent YTD Balance Sheet and YTD income statement  \nAPPROVAL PROCESS  \nKirton McConkie reviews the due diligence materials and then reports to a Gift Review Committee that has the responsibility to approve donations to COP and its affiliates. The ","cbCairUpYahGAanv","https://ap.wps.com/l/cbCairUpYahGAanv","pdf",194581,7,"English","# Information about Individual Donor\n# Information about Business Interest Being Gifted\n# Due Diligence Checklist\n# Approval Process\n## Sample Reps and Warranties","[{\"question\":\"What information and documents are requested to submit an in-kind donation of closely held business interests?\",\"answer\":\"The form requests donor identity and contact details, business entity information (including tax classification and share/units data), and a due diligence checklist attaching key organizational and financial documents.\"},{\"question\":\"What is the due diligence checklist used for?\",\"answer\":\"The checklist provides materials COP needs to evaluate the proposed gift and determine whether it will accept or reject the donation under its donation policies.\"},{\"question\":\"How does COP handle approval and next steps after review?\",\"answer\":\"Kirton McConkie reviews the materials and reports to a Gift Review Committee, which generally meets monthly. After approval, Kirton McConkie works with the donor to complete the donation and assists COP with the sale/redemption process, while the donor fulfills requirements for the tax deduction and COP provides the required written acknowledgement and signs IRS Form 8283 when presented.\"}]","IN-KIND DONATION OF CLOSELY HELD BUSINESS INTERESTS - Donation due diligence and approval form | PDF"]