Gifts of Personal Property

How it works

  You transfer a valuable painting, antiques, collectibles or other personal property to the Archdiocese of Chicago.

  The Archdiocese of Chicago may hold and display the property or use it in the furtherance of its mission. The Archdiocese of Chicago may sell the property at some point in the future and use the proceeds for its mission.

Benefits

• You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, so long as the gift can be used by the Archdiocese of Chicago to carry out its mission.
• In certain cases, you can use personal property to fund a life-income gift that provides you with income now and benefits the Archdiocese of Chicago.
• You have the satisfaction of making a significant gift now to the Archdiocese of Chicago 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 (312) 534-7848 so that we can assist you.