Donating firearm to private raffle questions

[Scuba591]

I will most likely reach out to a lawyer on this one; however, I thought I would ask here about my idea.
What would it take to donate a personal firearm to a raffle being held to benefit a friend? I understand in Indiana there is no need for a form 4473 between two legal individuals for sales.
I'm thinking this is a different situation. This will be an in state raffle only. Does anyone know what the ATF or State of Indiana would have to say about this?

 

[COOPADUP]

Sounds simple, but you may have some steps to take to ensure compliance in this scenario.

 

[Creedmoor]

Just get a bill of sale from the trustee or from whos running the raffle.
One would think the winners of the firearms would have to pickup from a ffl, and with that a 4473 will be done.

 

[Scuba591]

Sounds simple, but you may have some steps to take to ensure compliance in this scenario.

I agree. I'm smart enough to know there may be more to this... and dumb enough not to know what that is. I'm not looking to get "hit over the head" by some stupid regulation that would almost certainly be unnecessary

 

[Squirt239]

I agree. I'm smart enough to know there may be more to this... and dumb enough not to know what that is. I'm not looking to get "hit over the head" by some stupid regulation that would almost certainly be unnecessary

If it helps, just use my FFL. No charge.

Always willing to help a charity benefit.

 

[2in1evtime]

Local gun club has raffles and the go thru a dealer , but i imagine this is to keep from someone from the club going thru a ffl to have it on hand. These are also new guns though.

 

[Kirk Freeman]

For taxes?

 

[1nderbeard]

Prob would need to donate a picture of the rifle and then do an FFL transfer with the winner. That's the legal way to do it.

 

[Scuba591]

For taxes?

Are there requirements or obligations?

 

[1nderbeard]

Are there requirements or obligations?

if you're going to take the deduction you need a signed/dated letter from the organization stating the value and that nothing was received from them to you.
The org also needs to be a deductible charity to take the deduction. Even if proceeds may be ultimately going to a charity, if the raffle isn't being run by a charity stuff isn't deductible.