Tangible Personal Property

How It Works

1. Please call us to discuss the type of property, possible uses of your gift by Western, and getting an appraisal
2. You receive a charitable income-tax deduction if its use is related to Western's exempt purposes
3. Western can keep or sell property after 3 years
   

Benefits

• You receive a federal income-tax deduction for the fair-market value if its use is related to Western’s charitable purposes
• You avoid capital-gain tax on long-term, related-use property (capital-gain tax on tangible personal property is 28%)
• You can provide significant support for Western without affecting your income

Special note: You should call or e-mail us to tell us of your intent, and we will be able to assist you with the details of the transfer

Next Steps

• I’d like to see a detailed description of this gift
• I’d like to have a confidential conversation with a gift-planning
  officer about this gift plan or other options
• I’d like a personal calculation of this gift

Back