However, many other donors can and should take advantage of this tax saving technique. Gifts of Personal Property Direct gifts of appreciated property such as books, furnishings, works of art, automobiles or other personal property can provide additional tax savings compared to a distribution of the proceeds from the private sale of such assets. In order to get these savings, the donated property must relate to the use of a particular Western State College program, or its overall goals. Since Western provides many disciplines and services, we can accept most gifts of property. You can also contribute appreciated real estate to Western State College.
Examples are personal residences, ranches, commercial property and most any other real estate.
Matching Gifts Please note that many employers match the charitable contributions of their employees. Ask your employer if such a program exists. Matching gifts are a great way to leverage your donation. Planned or Deferred Gifts Gifts that Give back to the Donor Increasingly, Donors wish to make large gifts but fear the loss of the income that donated assets provide. Additionally, a donor may need to diversify a portfolio, but is hesitant to do so because of onerous capital gains taxes.