Skip to Main Content

Gifts of Personal Property

Gift of Personal Property Diagram

How It Works

  • You transfer a valuable painting, antique, or other personal property to The ALS Association Central & Southern Ohio Chapter.
  • The Chapter may hold and display the property or use it in the furtherance of its mission.
  • The Chapter may sell the property at some point in the future and use the proceeds for its mission.

Benefits

  • You receive an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, so long as the gift can be used by the Chapter to carry out its mission.
  • In certain cases, you can use personal property to fund a life-income gift that provides you and/or other loved ones with an income now and benefits the Chapter in the future.
  • Without using cash, you can make a gift that is immediately beneficial to The ALS Association Central & Southern Ohio Chapter.

Next


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2018 PlannedGiving.com

The ALS Association Central & Southern Ohio Chapter - 1170 Old Henderson Road, Suite 211 - Columbus, OH 43220
All content and works posted on this website are owned and copyrighted by The ALS Association. ©2010