Update 'CFI Workshop: Fair Market Value'

CFI-Workshop%3A-Fair-Market-Value.md

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+<br>CFI Workshop: Fair Market Value<br>
+<br>Description<br>
+<br>In this STAR Canada [Foundation](https://thegoodwillproperties.in) for Innovation (CFI) workshop, we take an in-depth look at [Fair Market](https://www.ageon.ph) Value (FMV) assessments - What are they? Why are they needed? We take a step-by-step walkthrough of how to complete an FMV assessment and solidify your knowledge with practical case studies.<br>
+<br>Learning Outcomes:<br>
+<br>1. Understand what a Fair Market Value (FMV) assessment is
+2. Understand why an FMV assessment is needed
+3. Understand how to complete an FMV Assessment for Purchases with an In-kind Contribution of both more than and less than $100K<br>
+<br>Key Takeaways:<br>
+<br>1. When do I need to complete a CFI FMV assessment?<br>
+<br>A Fair Market Value (FMV) assessment needs to be completed for all CFI equipment purchases, regardless of the in-kind contribution amount. The assessment determines the proper valuation of items purchased. If the in-kind portion is less than $1,000, no FMV is necessary.<br>