Keith MacKenzie ’50 knows the value of good financial advice. An acquaintance suggested in 1981 that he invest in a small company that built transformers for computers. The age of personal computers and the Internet was still years away, but MacKenzie trusted the tip enough to buy $50,000 worth of stock in the company. By the time he cashed out, the nest egg had grown to $1.6 million.Read More
You transfer a valuable painting, antiques, or other personal property to Carleton College.
Carleton may hold and display the property or use it in the furtherance of its mission.
Carleton 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 Carleton 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 Carleton in the future.
Without using cash, you can make a gift that is immediately beneficial to Carleton College.
