|
|
Gifts of Personal Property
(Contributing Treasures of Value)
How it works
 |
You transfer a valuable painting, antiques, collectibles, or other personal property to the National Society Daughters of the American Revolution.
|
 |
NSDAR may elect to hold the property and display or use it in the furtherance of our mission. The National Society may elect to sell the property at some point in the future and use the proceeds for its programs.
|
Benefits
- You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
- In certain cases, you can use personal property to fund a life income gift, such as a FLIP Unitrust, that benefits NSDAR and provides you with income now.
- You can have the satisfaction of making a significant gift now to NSDAR without adversely affecting your cash flow.
| |
|
