Making a gift of personal property can enable you to share a personal treasure with others while receiving tax benefits. Many donors have given their collections of books, artwork, and equipment to Penn State, enriching the hands-on learning experience of students and providing valuable resources for faculty. When you donate tangible personal property to Penn State, you can receive an income tax deduction based on the full market value of the items. At the same time, you will be enhancing Penn State’s mission in a visible way.
Penn State’s Office of Gift Planning will confidentially answer your questions about giving and work closely with your legal, tax, and other advisers to come up with an integrated plan that meets each of your personal goals. Please contact us anytime or click here to learn more.