The UC Merced Library gratefully accepts donations of materials, except journals or magazines, that support the academic teaching and research mission of the university. Donors should be aware that the materials they offer may be duplicates or not in an appropriate subject area. Donated items not added to the collection may be sold through the Library's book sale program with the proceeds used to support Library activities.
The Pension Protection Act of 2006 has made significant changes to the requirements for claiming a federal income tax deduction for gifts valued in excess of $5,000. Since not all books given to the Library can be added to the collection, they cannot therefore be put to "related use" as required by the federal tax code as a precondition to allowance of a tax deduction for the full fair market value of the gift volume. While the Library will add to its collections as many volumes from a gift as possible, it is unable to provide the documentation now required to support a claim of a tax deduction exceeding $5,000 under the following sections of the federal tax code (26 USC): 170 (e) (1) (B) (i) (I) - 170 (e) (1) (B) (i) (II) and 170 (e) (7) (A) - 170 (e) (7) (D).
Donors are advised to seek the advice of an attorney or tax professional before claiming a deduction for their gift on their federal tax return in excess of $5,000.
For more information, contact Jim Dooley, Head of Collection Services, at 209.658.7161 or e-mail firstname.lastname@example.org.