The following is a list of the average prices for items in good condition. This list is for your guidance only.
New Federal Income tax regulations require donors claiming deductions for charitable contributions consisting of property other than cash worth more than $500 to file Internal Revenue Service Form 8283, Noncash Charitable Contributions”. Where the noncash charitable contribution, other than publicly traded securities, exceeds $5,000 (including ‘similar property’ contributed to one or more charitable organizations), the donee charitable organization must acknowledge the contribution on the form 8283.
In addition, donee charitable organizations are required to file Internal Revenue Service For, 8282 ‘Donee Information return’, when they dispose of certain property the receipt of which they have acknowledged on a Form 8283.
[See IRS publication 561 (Revised April 2007). ‘Determining the Value of Donated Property‘ for detailed information.]
Large donations are accepted by appointment only. To schedule an appointment, call 508-693-2278.
The proceeds from The Thrift Shop support the programs of Martha’s Vineyard Community Services: Early Childhood Programs, Island Counseling Center, Disability Services, and CONNECT to end violence.