You can give Salisbury investment partnership shares or closely-held stock, as an outright transfer or to fund a life-income gift. Such a gift should be carefully reviewed by your legal and tax counsel first, and we will also assess it before we proceed.

How it works

	You transfer a valuable painting, antiques, collectibles or other personal property to Salisbury School.
	After the transfer, Salisbury may elect to hold the property and display or use it in the furtherance of its mission. Another option is for Salisbury to sell the property at some point in the future and use the proceeds for its programs.

Benefits

• 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 that provides you with income now and benefits Salisbury.
• You can have the satisfaction of making a significant gift now to Salisbury without adversely affecting your cash flow.

More

• Is this gift for you? Click here.

To learn more about gifts of Personal Property, Email us, complete the Information Request form, or call us at (860) 435-5703 so that we can assist you.