Gifts of Personal Property
How it works
You transfer a valuable painting, antiques, collectibles or other personal property to Connecticut College.
Connecticut College may hold and display the property or use it in the furtherance of its mission. Connecticut College may sell the property at some point in the future and use the proceeds for its mission.
Benefits
- You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, so long as the gift can be used by Connecticut College to carry out its mission.
- In certain cases, you can use personal property to fund a life-income gift that provides you with income now and benefits Connecticut College.
- You have the satisfaction of making a significant gift now to Connecticut College without adversely affecting your cash flow.
More
- Is this gift for you? Click here.
To learn more about gifts of personal property, Email us, complete the Information Request Form, or call us at (860) 439-2414 so that we can assist you.
Connecticut College
270 Mohegan Avenue
New London, CT 06320-4196
(860) 439-2414 | Fax: (860) 439-5455
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