Tangible Personal Property

Tangible Personal Property Diagram

How It Works

  1. Please call us to discuss the type of property, possible uses of your gift by Valpo, and getting an appraisal
  2. You receive a charitable income-tax deduction if its use is related to Valpo's exempt purposes

Benefits

  • You receive a federal income-tax deduction for the fair-market value if its use is related to Valpo's charitable purposes
  • You avoid capital-gain tax on long-term related-use property (capital-gain tax on tangible personal property is 28%)
  • You can provide significant support for Valpo without affecting your income

Special note: You should call or e-mail us to tell us of your intent, and we will be able to assist you with the details of the transfer.

Next Steps

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