Tangible Personal Property

Tangible Personal Property Diagram. Description of image is listed below.

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by HUC-JIR, and getting an appraisal
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to HUC-JIR's exempt purposes
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis

Benefits

  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to HUC-JIR's charitable purposes
  • You avoid capital-gain tax on long-term related-use property (Note: The top capital-gain tax rate on such assets is 28%.)
  • You provide significant support for HUC-JIR without affecting your income

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

Disclaimer: These gifts are subject to review and approval by the Gift Acceptance Committee.

More Information

Contact Us

Anat Becker, JD
National Director of Legacy Giving
212-824-2228
abecker@huc.edu
Tax ID Number: 31-0537067

 

Hebrew Union College-Jewish Institute of Religion
One West Fourth St.
New York, NY 10012-1186

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