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Gifts of Personal Property


How it works

You transfer a valuable painting, antiques, collectibles or other personal property to The Latin School of Chicago.

The Latin School may hold and display the property or use it in the furtherance of its mission. The Latin School 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 Latin School 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 Latin School.
  • You have the satisfaction of making a significant gift now to The Latin School without adversely affecting your cash flow.

More

To learn more about gifts of personal property, E-mail us, complete the Information Request Form, or call us at (312) 582-6042 so that we can assist you.




The Latin School of Chicago
59 W. North Blvd.
Chicago, IL 60610
(312) 582-6042 | Fax: (312) 582-6041



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