[MassHistPres] Who pays for appraisals of historic objects?

Ruth Wales ruthwales at verizon.net
Thu Jun 4 09:21:31 EDT 2009


The Museum of Fine Arts requires the donor to pay for the appraisal  
on gifts of art.

On Jun 4, 2009, at 9:11 AM, SMARGAN at aol.com wrote:

> The local historic society (nonprofit) is accepting a donation of a  
> monument from a private party and the donor wants an appraisal for  
> a tax write-off. The society has a certified appraiser lined up but  
> is wondering who should pay for the appraisal - the donor or donee?  
> Does this matter with respect to any conflict of interest or issues  
> with the IRS?
> Thanks for any information on this.
>     Sandy
>
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