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Personal Property
You can give Grand View
investment partnership shares or closely-held stock, as an outright transfer or to fund a life-income gift. Such a gift should be carefully reviewed by your legal and tax counsel first, and we will also assess it before we proceed.
How it works
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You transfer a valuable painting, antiques, collectibles or other personal property to Grand View Hospital.
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After the transfer, Grand View may elect to hold the property and display or use it in the furtherance of its mission. Another option is for Grand View to sell the property at some point in the future and use the proceeds for its programs.
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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 Grand View.
- You can have the satisfaction of making a significant gift now to Grand View 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 215-453-GIFT so that we can assist you.
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