Gifts of Personal Property
How It Works
- You transfer a valuable painting, antique, or other personal property to the American Institute of Chemical Engineers.
- The AIChE may hold and display the property or use it in the furtherance of its mission.
- The AIChE 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 AIChE 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 AIChE in the future.
- Without using cash, you can make a gift that is immediately beneficial to the American Institute of Chemical Engineers.
Next
- More details on gifts of personal property.
- Frequently asked questions on gifts of personal property.
- Contact us so we can assist you through every step.
Explore More Gift Options
Will or Trust →
You can plan a gift that will not affect your cash flow.
Appreciated Securities →
Take advantage of appreciated securities, avoid tax.
Life Insurance →
Make a significant gift, no matter the size of your estate.
Retirement Plan →
Donate double-taxed assets and leave more to family.
Donor-Advised Fund →
Make a gift from your DAF, or name us a beneficiary.
Contact Us
Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.