Terms and Conditions for Donation of Equipment, Devices, Software, and Documentation * These Terms and Conditions (“Terms”) govern the donation of equipment, devices, software, documentation, and related materials (“Donated Items”) to the Metrology Institute (“Institute”).
By donating items to the Institute, the donor (“Donor”) agrees to the following:
1. Nature of Donation
All Donated Items are provided voluntarily and irrevocably as a charitable donation to the Institute. Upon acceptance, all right, title, and interest in the Donated Items shall transfer to the Institute.
2. Ownership and Exclusive Rights
The Institute shall have exclusive, unrestricted rights to use, retain, modify, refurbish, distribute, license, transfer, or sell the Donated Items at its sole discretion, without limitation or obligation to the Donor.
3. Sale of Donated Items
Any proceeds generated from the sale, transfer, or disposition of Donated Items shall be considered a charitable donation to the Institute and shall be used solely to support the Institute’s mission, programs, operations, and educational initiatives.
4. No Conditions or Restrictions
Donations are accepted without conditions, restrictions, or reversionary interests, unless expressly agreed to in writing by the Institute prior to acceptance. The Institute is under no obligation to use donated items for a specific purpose or retain them for any minimum period.
5. Condition of Donated Items
All Donated Items are provided “as-is, where-is”, with no warranties or representations, express or implied, including but not limited to merchantability, fitness for a particular purpose, safety, performance, or regulatory compliance.
6. Software and Documentation
For donated software, firmware, licenses, digital assets, or documentation, the Donor represents that they have the legal right to transfer ownership or usage rights. Any licenses granted shall be perpetual, royalty-free, and transferable to the Institute unless otherwise documented in writing.
7. Compliance and Liability
The Donor affirms that the donation of the Donated Items does not violate any applicable laws, contracts, export controls, intellectual property rights, or third-party agreements. The Institute assumes no liability arising from the Donated Items’ prior use, condition, or compliance status.
8. Tax Considerations
The Institute does not provide valuations of donated property. The Donor is solely responsible for determining the fair market value of the donation and for obtaining any required tax advice or documentation. Donation acknowledgment letters, if provided, will not assign a monetary value.
9. Acceptance of Donations
The Institute reserves the right to accept or decline any donation at its sole discretion.
10. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the state in which the Institute is incorporated, without regard to conflict-of-law principles.
11. Donor Acknowledgment and IRS 501(c)(3) Compliance
The Metrology Institute is recognized by the Internal Revenue Service as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.
Upon request, the Institute may provide the Donor with a written acknowledgment of the donation for federal income tax purposes. Such acknowledgment shall include:
• The legal name of the Institute
• The date the Donated Items were received
• A general description of the Donated Items (without assigning or implying a monetary value)
• A statement indicating whether the Donor received any goods or services in exchange for the donation
Unless expressly stated otherwise, the acknowledgment will confirm that no goods or services were provided in consideration for the donation, other than any intangible religious, educational, or charitable benefits permitted by law.
The Institute does not provide appraisals, valuations, or tax advice. The Donor is solely responsible for determining the fair market value of the Donated Items and for meeting all applicable IRS substantiation, appraisal, and reporting requirements, including those under IRS Form 8283, if applicable.
Public recognition of the Donor is optional, subject to the Institute’s discretion, and shall not constitute an endorsement of the Donor, its products, or its services.