Gifts of Personal Property Direct gifts of appreciated property such as books, furnishings, works of art, and automobiles provide additional tax savings compared with a distribution of the proceeds from the private sale of such assets. In order to receive these savings, the donated property must relate to the use of a particular University program or to its overall goals. Since the University encompasses many disciplines and services, this is usually not an impediment. You can also contribute appreciated real estate to the University. Examples include personal residences, farms, commercial property, and other real estate.
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 would like to make a large gift but fear the loss of financial support 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. The UM Foundation can address each of these needs by helping with the implementation of a plan that provides lifetime payments to the donor.