Does the NSL accept donations of works of art?
Yes, the National Sporting Library & Museum does accept unrestricted gifts of works of art. For more information, please contact Hannah Reuter , hreuter@nsl.org, Curatorial Assistant, 540-687-6542 x 14. Are book donations to the NSL&M tax deductible? Yes. The NSL&M is a non-profit organization with 501(c)(3) status, and donors may be able claim the “fair market value” of books as a charitable donation on income tax returns. Please check with your accountant or tax adviser as to your particular situation. How is the “fair market value” determined? IRS rules prohibit the NSL&M staff from determining the monetary valuation of donations. However, we may be able to suggest booksellers in your area who specialize in sporting books and provide book appraisal services. The cost of the appraisal is the responsibility of the donor. In some cases, it may outweigh the cost of the deduction. How will I substantiate my book donation to the IRS? We formally acknowledge all donations with a letter, in
