Gets or sets the fair market value associated with this gift.

Namespace: Asi.iBO.Commerce
Assembly: Asi.iBO (in Asi.iBO.dll) Version: 15.1.3.0

Syntax

C#
public decimal FairMarketValue { get; set; }
Visual Basic
Public Property FairMarketValue As Decimal
	Get
	Set
Visual C++
public:
property Decimal FairMarketValue {
	Decimal get ();
	void set (Decimal value);
}

Field Value

A monetary amount representing the value of the premium or service given to the donor with their donation.

Remarks

Normally used when a premium or other item or service with a "taxable" value is provided to the donor upon receipt of the gift. The donor can typically only write-off the difference between the GiftAmount and the FairMarketValue on their taxes.

For example, if a T-shirt was given with every $100 donation, and the value of that shirt was $5, then FairMarketValue would be $5, and the donor’s tax write-off would be $95.

See Also