You can contribute books, real estate, art work, equipment or other tangible personal property to
When you make a gift-in-kind to
· A tax receipt for the fair market value on the day the gift is made will be issued. The value is determined by one or more independent professional appraisers.
· Gifts of property may trigger capital gains tax, but the charitable tax credit for the gift will offset the gain. Charitable donations up to 75% of your net income can be claimed, as well as 25% of the taxable capital gain resulting from a gift of appreciated capital property.
· A five-year carry forward on unused donation amounts is permitted.
For qualified gifts of Certified Cultural Property (e.g. rare books, significant works of art),
If you would like more information about making a gift-in-kind to
This information is general in nature and does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional legal, estate planning and/or financial advice before deciding on your course of action.