Gift Entry - Premiums

Premiums are used to record and track the fair market value of anything a giver might receive in return for their Gift. Premiums may be tangible items, like tote bags or key chains, or they may include experiences and entertainment, like gala tickets or golf tournament entry.

When a Premium is added to a Gift, the tax-deductible amount of the Gift will be reduced by the fair market value of the included Premiums.

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