Making a donation of tangible personal property to support The Nature Conservancy may not be the first type of gift you consider - but it can be an excellent way to save on taxes or free yourself of property that is expensive to insure or maintain, while supporting the conservation work you value.
How it works
- You transfer a painting, antiques, collectibles or other personal property to The Nature Conservancy.
- The Nature Conservancy may elect to hold the property and display or use it in the furtherance of its mission. The Nature Conservancy may elect to sell the property at some point in the future and use the proceeds for its programs.
- You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.
- In certain cases, you can use personal property to fund a life-income gift, such as a FLIP Unitrust, that benefits The Nature Conservancy and provides you with income now.
- You can have the satisfaction of making a significant gift now to The Nature Conservancy without adversely affecting your cash flow.
If you are interested in donating a vehicle, please contact your local Nature Conservancy office for more information.
Information that may interest you ...
Explore the details of donating personal property to The Nature Conservancy.
Take a look at all of your gift possibilities.
Plan your gift with our Legacy Planner.
You can protect forests and other natural places by making a planned gift with The Nature Conservancy. Contact us today.