A business supply company gave free office supplies to a nonprofit organization. What type of gift is this?

Name: A business supply company gave free office supplies to a nonprofit organization. What type of gift is this?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The free office supplies provided by the business supply company are a type of gift-in-kind, which refers to a donation of goods or services instead of money. The nonprofit organization benefitted from the supplies without having to spend their own funds.

A Business Supply Company Gave Free Office Supplies to a Nonprofit