Planned Giving
Gifts of Personal Property
Donate personal property that will help us to continue and expand our mission while providing significant tax benefits to you.
How It Works
- You transfer a valuable painting, antique, or other personal property to Indian River State College Foundation.
- Indian River State College Foundation may hold and display the property or use it in the furtherance of its mission.
- Indian River State College Foundation 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 Indian River State College Foundation 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 Indian River State College Foundation in the future.
- Without using cash, you can make a gift that is immediately beneficial to Indian River State College Foundation.
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.
Create a Lasting Legacy
Philanthropic planning is a powerful mechanism for meeting personal estate planning objectives while making a meaningful impact on the College’s initiatives and mission. At Indian River State College, we welcome the opportunity to work with estate planners to ensure that your clients find the charitable arrangements that best meet their needs.
Estate-planning options can achieve significant tax benefits while furthering a client’s philanthropic goals:
- Gifts through a will or trust
- Charitable trusts and gift annuities
- Donation of stocks and mutual funds
If your client has already included or intends to include Indian River State College in their will or estate plan, or if you would like someone from IRSC Institutional Advancement to contact you to discuss how to support IRSC as part of their estate planning strategy, please contact us.
