GFTW 2012 Federal Form 990 – Section 1 (PDF | 1.1 Mb)
GFTW 2012 Federal Form 990 – Section 2 (PDF | 585 Kb)
GFTW 501(c)(3) Certification (PDF | 2.7 Mb)
GFTW 2011 Federal Form 990 – Section 1 (PDF | 1.05 Mb)
GFTW 2011 Federal Form 990 – Section 2 (PDF | 384 Kb)
GFTW 2010 Federal Form 990 – Section 1 (PDF | 1.09 Mb)
GFTW 2010 Federal Form 990 – Section 2 (PDF | 899 Kb)
GFTW 2010 Federal Form 990 – Section 3 (PDF | 517 Kb)
GFTW 2010 Federal Form 990 – Section 4 (PDF | 638 Kb)
GFTW 2009 Federal Form 990 – Section 1 (PDF | 1.22 Mb)
GFTW 2009 Federal Form 990 – Section 2 (PDF | 996 Kb)
GFTW 2008 Federal Form 990 – Section 1 (PDF | 964 Kb)
GFTW 2008 Federal Form 990 – Section 2 (PDF | 852 Kb)
GFTW 2008 Federal Form 990 – Section 3 (PDF | 788 Kb)
Accelerated Tax Benefit: IRS Section 170(e)(3) (PDF | 300 Kb)
Definition of Gifts in Kind (GIK):
GFTW often receives gifts of medical supplies, food, clothing, personal care and other supplies from donors. These donations are referred to as “gifts in kind”. These products are recorded in the general ledger as Donated Product (non-cash contributions.)
General Policy:
It is the policy of Gleaning For The World to value gift in kind donations based on criteria such as dating, sterility and condition. We do not accept outside valuation unless it can be verified by our internal process; therefore the value on receiving documents may be different than what is booked into the GFTW inventory.
GFTW Valuation Proces:
Donated items are researched by multiple avenues to obtain a spread of values; a minimum of three different pricing are required. These values are then averaged to obtain an initial value. It is not GFTW practice to use “in country values”; use of this value would fall under exceptions (see below).
The initial value is then reduced, if appropriate, by dating, sterility and condition to arrive at the final value.
Standardization:
Reoccurring donated items are booked at established and approved values; and carried over to donations of like kind.
Review:
Values are periodically reviewed to ensure valuations are based on current information; significant changes are approved by committee.
Exceptions:
Any exceptions to this process is reviewed and agreed upon by a three person panel including the Vice-President, Comptroller and Warehouse Manager.
In the event the panel cannot come to a consensus on a valuation issue an opinion from an independent auditor has been obtained.
Donor Privacy Policy: Gleaning For The World and all of its accompanying plans, processes, information, and contacts are to be handled in a private, confidential manner. This program and all ideas and aspects pertaining to it are the sole property of Gleaning For The World, Inc. The information will not be shared, sold, or traded in principle or content. All reports, memoranda, notes, or other documents will remain part of the company’s confidential records.