donation

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donation

n. gift. If made to a qualified non-profit charitable, religious, educational or public service organization, it may be deductible as a contribution in calculating income tax.

donation

noun alms, benefaction, bequest, bounty, charity, contribution, dispensation, donum, dotation, endowment, gift, grant, gratuity, handout, impartment, largess, munificence, offering, present, presentation, provision, subsidy, subvention
Associated concepts: charitable donation, donation deed, donation causa mortis, donation of land, gratuitous donaaion, special donation
See also: benefit, bonus, cession, charity, endowment, gift, grant, gratuity, largess, perquisite, present, provision, reward, tip

DONATION, contracts. The act by which the owner of a thing, voluntarily transfers the title and possession of the same, from himself to another person, without any consideration; a gift. (q.v.)
     2. A donation is never perfected until it is has been accepted, for the acceptance (q.v.) is requisite to make the donation complete. Vide Assent, and Ayl. Pand. tit. 9 Clef des Lois Rom. h.t.

References in periodicals archive ?
Objective: To assess awareness and attitude of medical students about organ donation.
The Deed of Donation Mortis Causa stated, among others, that:
There is an exception to this rule for donations of capital property, where the donor can elect to have the value of the gift be less than fair market value.
At each visit, the Lions Club will be accepting canned food donations for needy Castaic and Val Verde families.
This change is effective for donations made after Aug.
New Law: For money donations, regardless of amount, the record keeping requirements are satisfied only if the donor maintains as a record of the donation a bank record or a written communication from the donee showing the donee's name, the donation's date and amount.
For larger donations, Norwell says gift givers may set up a supporting foundation rather than make a direct gift.
This preferential tax treatment contributed to a 190% increase in the donations of listed shares to charities between 1997 and 2000.
The unprecedented volume of donations made it difficult for us to issue receipts immediately; similarly, we did not account for the growing number of readers who donated online when we sent out reminder letters about the appeal in November.
Coordinated efforts and donations from the cattlemen are numerous, including Missouri-based Heartland Farm sending 20,000 cans of cooked ground beef and canned stew to Salvation Army feeding operations in Biloxi and Jackson, Miss.
Harry Estroff, Real Estate Gift Manager, and Martin Carovano, Associate Director of Gift Planning at the environmental conservation organization, The Nature Conservancy, estimate that there is between $200-$230 billion worth of total contributions annually to charitable remainder trusts or similarly structured donations.
Of course the organizations get the donations free and clear.