Gifts of Personal Property

| How it works |
 | You transfer a valuable painting, antiques, collectibles or other personal property to Reformed Theological Seminary. |
 | Reformed Theological Seminary may elect to hold the property and display or use it in the furtherance of its mission. Reformed Theological Seminary may elect 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 Reformed Theological Seminary.
- You can have the satisfaction of making a significant gift now to Reformed Theological Seminary without adversely affecting your cash flow.
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