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Donating or Selling Objects to The Archives and Collections SocietyThe Archives and Collections Society is dedicated to the conservation of maritime heritage and nautical culture, and to research and education in the field of marine history and ethnology. To do this the Archives and Collections Society acquires, displays and preserves representative books, revues, magazines, documents, photographs, technical drawings, and other artifacts of our maritime history. Some of these come from businesses and corporations, but many more are donated or sold to the Archives and Collections Society by individuals like you. We appreciate your interest in helping to preserve our heritage and build our collections, whether through donation or sale. The following questions and answers give an overview of the process. What happens when I offer something to the Archives?When you contact us to offer something, a well established acquisition policy is followed. First, a curator determines whether the Archives requires the object for its collections and, depending on the nature of your offer, may assess its value. Such information as author's name, publisher, edition, or provenance (who owned it or other historical associations of special interest) all help the curator compare the object with the Archives's current holdings and decide how it may fit into the story of maritime development in Canada. Since documenting, cataloguing, preserving and storing artifacts is very costly, the Archives only attempt to collect examples of documents that enter into our General Policy guidelines. What is the difference between a donation, a donation with a tax receipt, and a sale?
How is "fair market value" determined?For income tax purposes, fair market value is the amount something would sell for in an open market between a willing buyer and a willing seller who are both knowledgeable, informed, and prudent and who are acting independently of each other. It may take a few weeks to several months or longer to determine the fair market value, depending on the nature of the object and the availability of appraisers with the required expertise. Income tax legislation does not permit you to include taxes or customs duties as part of the value. To learn more about the tax implications of a donation or sale (when you may realize a capital gain) you should ask Revenue Canada for the relevant tax bulletins or consult your financial advisor. What special provisions apply to "significant cultural property"?If you donate an item of exceptionally high value or cultural significance (beyond specified limits that depend on the age, type and origin of the object), the Canadian Cultural Property Export Review Board may issue a tax receipt that allows you to deduct 100 per cent of the value of the donation from your income. In such cases the Archives will apply on your behalf to have the artifact designated as a "significant cultural property." Application may be made only after the formal transfer of ownership. What is the role of the Accessions Committee?If a curator concludes that an object should be added to the collections, he or she develops a proposal and makes a recommendation to the Accessions Committee. This recommendation must be accepted by the Accessions Committee before the object may be added to the collections and the Archives and Collections Society can issue payment or a tax receipt. How is ownership formally transferred to the Archives?If the Archives and Collections Society agrees to purchase the object you have offered, you will need to issue a sales invoice. You may also be required to prove that you own the object or have authority to transfer it to the Archives. In the case of a donation, transfer of ownership is formalized by a gift agreement, which states:
What recognition do donors receive?Once an object has been acquired for the collections it becomes the property of the Society, which may store, display or interpret it according to established Archives' practices. Donors' names are listed each year in the Society's Annual Report, unless anonymity has been requested. When documents are archived the names of donors are recognized in accordance with Archives policy and practices. You may not place special conditions on the way the Archives displays or labels your donation - except that of anonymity. In the case of purchased documents, the name of the source is retained in the Archives's confidential records. The seller is usually recognized on labels or in publications only if he or she has played a significant role in the authorship or publication of the document. When are artifacts removed from the collection and what happens to them?Curators periodically assess the collections and may decide to remove from the collections (deaccession) documents that no longer serve the Archives' goals or policy. A document may be deaccessioned because of duplication. The Accessions Committee must approve deaccessioning before any object is removed from the collection. If a curator recommends deaccessioning a particularly valuable object, its disposal must be approved by both the committee and the Society's Board of Directors. Objects approved for deaccessioning are first offered to other Canadian Archives and Museums. If other Archives express no interest, the objects are disposed of in accordance with accepted Archives practices. How can I get more information?For more information on how you can become a donor to our institution, please contact us at:
Archives and Collections (ACS) Society
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