This Office reminds the field on the guidelines on the valuation of donations and proper recording of donated property, plant, and equipment from private partners provided in the enclosed Memorandum OU-LAPP No. 421, s. 2019 and DepEd Order No. 24, s. 2016 re: Guidelines on Accepting Donations and on Processing Applications for the Availment of Tax Incentives by Private Donor-Partners supporting the K to 12 Program.
For relevant queries, you may contact the Social Mobilization and Networking Section and/or the Supply Office at (046) 432 3629 bc 218 and 211.
For your information and strict compliance.
