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Planned Giving

 

 

 

Planned Giving for Financial Advisors

Tangible Personal Property

Tangible Personal Property Gift Diagram

How they work

  • Your client transfers a painting, antiques, collectibles or other tangible personal property to Gaylord Hospital.
  • We will hold the property and display or apply it in furtherance of our mission. We may elect to sell the property at some point in the future and apply the proceeds to the purposes your client designates.

Benefits for your client

  • Your client will receive gift credit at Gaylord Hospital and an immediate income tax deduction for the appraised value of the property and pay no capital gains tax on appreciation provided her gift satisfies the "related use" requirements of the Internal Revenue Code.
  • In certain cases, your client can use tangible personal property to fund a life-income gift, such as a “Flip” Charitable Remainder Unitrust, that benefits Gaylord Hospital and provides her or her beneficiary with life income.

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Have Questions About Giving?

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