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Gifts of Personal Property

Donate personal property that will help us to continue and expand our mission while providing significant tax benefits to you.

 


How It Works

  • You transfer a valuable painting, antique, or other personal property to the Elim Park Foundation.
  • The Elim Park Foundation may hold and display the property or use it in the furtherance of its mission.
  • The Elim Park Foundation may sell the property at some point in the future and use the proceeds for its mission.

Benefits

  • You receive 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 the Elim Park Foundation to carry out its mission.
  • In certain cases, you can use personal property to fund a life-income gift that provides you and/or other loved ones with an income now and benefits the Elim Park Foundation in the future.
  • Without using cash, you can make a gift that is immediately beneficial to the Elim Park Foundation.


Explore More Gift Options

Will or Trust →

You can plan a gift that will not affect your cash flow.

Appreciated Securities →

Take advantage of appreciated securities, avoid tax.

Life Insurance →

Make a significant gift, no matter the size of your estate.

Retirement Plan →

Donate double-taxed assets and leave more to family.

Real Estate →

Donate a valuable asset, receive powerful tax benefits.

Personal Property →

Donate personal property, receive significant tax benefits.

Donor-Advised Fund →

Make a gift from your DAF, or name us a beneficiary.

Contact Us

Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.

The Elim Park Foundation
btomlinson@elimpark.org
203.272.3547 ext. 172

The Elim Park Legacy Foundation is a 501(c)(3) organization that secures philanthropic support to elevate the resident experience at Elim Park Baptist Home by funding enhanced amenities, specialized care, and innovative wellness programs that promote the quality of life while providing donors with a sense of purpose, tax benefits, and a lasting legacy.