In-kind donations are non-monetary donations made to nonprofit organizations. Instead of giving money to buy needed goods and services, the goods and services themselves are given. These donations can include the transfer of any asset, usually goods or services, and can be contributed by individuals or other organizations and companies. In-kind donations can be more flexible and adaptable than monetary donations, and they provide cost savings, expand services, foster community engagement, and offer flexibility in meeting an organizations operational requirements. Examples of in-kind donations include goods, services, expertise, and cash equivalents such as stocks, bonds, and mutual funds. In-kind donations can be incredibly important for the advancement of a nonprofits strategy, and they take out the middleman when a nonprofit needs to purchase a good or service because its already contributed free of charge. In-kind donation acceptance policies allow an organization to define which contributions will be most helpful for its mission and set those expectations with its supporters.