Gifts of Personal Property

How It Works

You transfer a valuable painting, antique, or other personal property to Catholic Health - St. Catherine of Siena Hospital Foundation.
Catholic Health - St. Catherine of Siena Hospital Foundation may hold and display the property or use it in the furtherance of its mission.
Catholic Health - St. Catherine of Siena Hospital 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 Catholic Health - St. Catherine of Siena Hospital 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 Catholic Health - St. Catherine of Siena Hospital Foundation in the future.
Without using cash, you can make a gift that is immediately beneficial to Catholic Health - St. Catherine of Siena Hospital Foundation.

Frequently asked questions on gifts of personal property.
Contact us so we can assist you through every step.

The gift planning information presented on this site is intended as general. It is not to be considered tax, legal, or financial advice. Please consult your own personal advisors prior to any decision.