Planned Giving: Personal Property

Tangible Personal Property

You may be able to make a gift of valuable personal property such as antiques, fine art, collections of rare books and the like, with a qualified appraisal. Because of the personalized nature of tangible property, the Institute is limited in the gifts it can accept. A representative is always available to discuss your property and its potential as a gift.

Your tax deduction for this type of gift varies with the appraised value of the property, whether it has appreciated, and how Scripps Research will use the property.

Intangible Personal Property

The potential for intangible personal property to generate income may make this an appealing gift. Examples of intangible personal property include copyrights, patents, trademarks, designs, royalties, and mineral rights. Tax deductions vary based on the type of gift involved.

For more information about gifts of personal property, please contact Geoff Graham, Director, Planned Giving and Estates, at (858) 784-9365 or gcgraham@scripps.edu.