Page 3 - INVENTORYvol.1

Items: Donor:
Donee:
Effective Valuation Date:
Terms of the Donation:
Purpose of Appraisal Report: Valuation Standard:
Valuation Approach:
Related Use:
Approximately 1,400 objects made in, used in, or related to early Louisiana
Jack and Pat Holden 13967 Chenal Road Jarreau, LA 70749
Date or expected date of transfer of ownership
Non-cash charitable donation appraisal prepared for IRS income tax purposes for Tax Year: 20XX
Fair Market Value
The Sales Comparison Approach was employed to arrive at the appraised Fair Market Value. The Income Approach and the Cost Approach were considered and rejected as not applicable to this appraisal.
This highly important collection of Louisiana material culture will remain intact as part of a museum and cultural education center. It will serve as one of the most important museums of its type in the Gulf South and will be an incredibly important resource for fine and decorative arts scholars nationwide.
Summary of Donation
Institution Name
Andrew Richmond PO Box 2199 Marietta, OH 45750 740.760.1788 andrew@wipiak.com
Address
City, State Zip
If there are restrictions, the IRS requires specification of
the terms. Note that certain terms may cause the FMV of
the item to be compromised. A narrative is required to
explain terms and their effect on value.
Jack and Pat Holden
Fair Market Value for Non-Cash Charitable Contribution
Appraisal Report
Effective Valuation Date: 00/00/00 page 3 of 851