Digital BW, The Print

It isn't clear whether the images are being donated to be hung in 
their new or refurbished building, or as a cash contribution to the 
building fund.  If the latter why don't you just sell images 
(indicating on the price card that the proceeds will be donated), and 
donate the proceeds back to the art center as cash and value your 
donation as the actual cash sale. That way you get the full deduction 
of the sale price, the sale validates the amount of the reduction, 
and the art center gets cash for the building fund. Any images not 
sold can be donated after the exihibit at material value or, in 
appreciation for your donation, to be permanently exhibited in the 
new building.

--- In DigitalBlackandWhiteThePrint@yahoogroups.com, "hflockwood" 
<hflockwood@...> wrote:
>
> In a juried process, I was selected to exhibit my (B&W) prints at a 
non-profit art center in VT 
>> 
> Since the center is in the midst of a fund raising effort, I'm 
contemplating donating the entire 
> collection to their building fund, rather than trying to sell 
them.  Obviously, this raises the 
> question of how to value the collection for tax purposes..
> 
> So, if I am to claim a charitable deduction, how do I value the 
donation?  The center has 
> agreed that $400 per print, or $10,000 for the collection, would be 
easily justified.
> 
> I'm looking for guidance from others who may have faced a similar 
situation.
> 
> TIA.
> 
> Harry
>