Gifts of Personal Property

Gift of Personal Property Diagram

How It Works

  • You transfer a valuable painting, antique, or other personal property to Nourishing Hope.
  • Nourishing Hope may hold and display the property or use it in the furtherance of its mission.
  • Nourishing Hope 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 Nourishing Hope 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 Nourishing Hope in the future.
  • Without using cash, you can make a gift that is immediately beneficial to Nourishing Hope.

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Nourishing Hope Exists Because of the Support of Our Neighbors.

Providing the equivalent of 4.5 million meals each year, plus thousands of mental wellness and social services that empower healthy lives, Nourishing Hope strives to create a city where all people have the resources needed for a dignified life. Join us today!

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