Regardless of whether or not it is money, one thing is for sure, and that is, it is property.
The donut analogy doesn't work, because in your case, you are donating donuts to the club.
This is more like you lend a TV to the club, with the caveat that you still own it, and can take it back at any time.
The club decides to pawn in, thinking it will just buy it back when it has money again, and you won't have any idea. But then it can't, and it sold property that wasn't its to sell in the first place.
The donut analogy doesn't work, because in your case, you are donating donuts to the club.
This is more like you lend a TV to the club, with the caveat that you still own it, and can take it back at any time.
The club decides to pawn in, thinking it will just buy it back when it has money again, and you won't have any idea. But then it can't, and it sold property that wasn't its to sell in the first place.