Front diagonal view of Mission House

Legacy Giving

Tangible Personal Property

Tangible Personal Property Diagram

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by The Trustees, and getting an appraisal
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to The Trustees' exempt purposes
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis

Benefits

  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to The Trustees' charitable purposes
  • You avoid capital-gain tax on long-term related-use property (Note: The top capital-gain tax rate on such assets is 28%.)
  • You provide significant support for The Trustees of Reservations without affecting your income

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

More Information

Contact Us

Julie Lazarus
Senior Planned Giving Officer
978-338-1172
jlazarus@thetrustees.org

 

The Trustees of Reservations
200 High Street, 4th Floor
Boston, MA 02110

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