TANGIBLE PERSONAL PROPERTY

 

A gift of tangible personal property can include items such as artwork, jewelry, antiques and other physical objects.  By donating your personal treasures to the station, you can help build precious value in our community.  

You can also enjoy a number of personal benefits by making an outright gift of property.  One popular benefit is the charitable tax deduction.  This deduction is maximized when you donate property that:  (1) has increased in value since the time you acquired it, (2) you've owned the property for more than one year, and (3) the property's use is related to the purpose and work of the station (like delivering education programming to children).  You will also be able to avoid capital gains tax when you give the station your appreciated property.

If it's more convenient, you can also give property later through your will or living trust.

Even without using cash, you can help fill our community chest with treasures that only public television can deliver.

Learning More

To learn more about making a gift of tangible personal property, please contact Avery Hutchins at (931) 528-2222 X220 or ahutchins@wcte.org.

Please consult with your professional advisor for advice on the full impact of your charitable gifts on your financial and/or legal circumstances.

Learning and Planning Resources

 

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