MOTHER JONES BY E-MAIL

Gifts of Personal Property

How it works

You transfer a valuable painting, antiques, collectibles or other personal property to Mother Jones.

After the transfer, Mother Jones may elect to hold the property and display or use it in the furtherance of its mission. Another option is for Mother Jones 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 that provides you with income now and benefits Mother Jones.
  • You can have the satisfaction of making a significant gift now to Mother Jones without adversely affecting your cash flow.

More

To learn more about gifts of personal property, Email us, complete the Information Request Form, or call us at (415) 321-1700 so that we can assist you.


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This article has been made possible by the Foundation for National Progress, the Investigative Fund of Mother Jones, and gifts from generous readers like you.

© 2007 The Foundation for National Progress

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