You can deduct your cash contributions and the Fair Market Value (FMV) of most property you donate to a qualified charitable organization. Special rules apply to several types of donated property, including clothing or household items, cars, and boats. If your contribution entitles you to receive merchandise, goods, or services in return – such as admission to a charity banquet or a sporting event – you can deduct only the amount that exceeds the FMV of the benefit received. FMV is generally the price you would get, had you sold the property in an open market. 

This form will help to generate a receipt for your donation and will state the FMV on the product and services offered. To claim a deduction for donated property valued at $250 or more, save future receipts from Ball 4 a Cure, Inc.

If you donate property, the receipt that you are given must include a description of the items and a good faith estimate of its value. For items valued at $500 or more of total non-cash items (food, clothes, electronics, computers, household goods, furniture, etc.) you must complete Form 8283, Non-Cash Charitable Contributions.