*The IRS requires, for our records and yours, that an estimation of the value of a noncash contribution be given. You, the donor, must establish the monetary value of your gift and satisfy the IRS requirements of the fair market value of the gift for your tax deduction. IRS Publication 561, Determining the Value of Donated Property, is helpful for this purpose. If the value of a noncash contribution exceeds $500, the taxpayer must file IRS Form 8283. Noncash gifts of $5,000 or more must be appraised by a qualified third party in order to satisfy the IRS requirements.