The TMC Library welcomes gifts of books and other information resources that extend and complement existing collections. Historically, some of the Library’s most unique and significant collections began with donations from individuals, and the Library built upon these gifts to develop depth, breadth, and currency.
Because of the high cost of storage and processing, the Library is unable to accept all donations. Materials that fall outside of the Library’s collecting policy include:
- Textbooks and journals
- Material in poor condition*
- Titles the Library already owns (unless in high use or an otherwise special edition)
*Special consideration may be given to versions of textbooks or medical/science books that are considered to be rare.
Conditions of Acceptance
Gifts are accepted with the understanding that they become the property of the TMC Library upon receipt and that the Library may make all necessary decisions as to their retention, location, cataloging, treatment and other considerations relating to their use and disposition. The Library’s intention in accepting gifts is that they be added to the collection, if needed. Therefore, every effort is made to accept only items appropriate for addition to the Library’s collection. All gifts must be reviewed by an appropriate curator prior to acceptance by the Library. The Library encourages donors to provide a list of materials including the title or description and condition of the items. Materials accepted but not added to the Library collections may be exchanged with other libraries throughout the world to obtain important materials otherwise unavailable, or sold, or disposed of through charitable organizations or other means.
All donors must sign a deed of gift transferring all ownership rights (including any copyright where applicable) to The TMC Library. The type of donation will be included on the deed of gift and should include a list of donated books, journals, tangible property or artifacts. The deed of gift includes the stipulation that the Library becomes the owner of the donation or other forms of gifts and, as such, reserves the right to determine its retention, maintenance, location and availability.
Books and journals are treated as new acquisitions and are evaluated by the same standards applied to new purchases to safeguard the quality, consistency and relevance to the Library’s healthcare collection.
For donations to the rare book or archive collection please see McGovern Center Gift Policy.
Valuations and Appraisals
The IRS requires donors to submit Form 8283 for gifts of property valued at more than $500 (single or in the aggregate) for which a charitable deduction is sought. For items valued at more than $5,000 the IRS requires that Qualified Appraisals be obtained if the donor wishes to take a tax deduction for the value of the gift. The Controller of the Library will sign the appropriate tax form if the form is submitted at the time of the donation.Appraisals are solely the responsibility of the donor. The library is legally prohibited from providing tax appraisals for gifts. Donors wishing to take a deduction from their annual income tax may want to consult IRS Regulations or a tax advisor for specific questions and advice.
The TMC Library will provide a letter of acknowledgement upon donor request, but the letter will not include a dollar evaluation of their donation, per IRS rules and regulations. See below. A copy of a donor-supplied list may be attached.
- IRS Publication 526 Charitable Contributions
- IRS Publication 561 Determining the Value of Donated Property