You give tools, equipment, works of art, or other personal property to Wentworth Institute of Technology.
	Depending on the property, Wentworth will either use (or display) it, or the Institute may sell the property to a third party.
	If the property is sold to a third party, proceeds will go to Wentworth.

Tools, equipment, works of art, and other personal property can make a wonderful charitable gift, and in many cases donating a valuable item can help reduce your taxable estate. If your gift of personal property is for a purpose related to Wentworth’s educational mission, the Institute may be able to accept your gift.

If Wentworth is able to accept the item you wish to donate, you may claim a tax deduction based on the fair market value of the item. Please note that the IRS has certain requirements (e.g. an independent appraisal on items worth over $5,000) for these types of gifts.

Benefits

• You have the ability to make a large gift to Wentworth now, without a large cost to yourself.
   
• You will receive an income tax deduction for the appraised value of your gift.
   
• If your gift qualifies for the "related use" requirements of the IRS, you will pay no capital gains tax.
   
• In certain cases, you can use personal property to fund a life-income gift.
    
• You will become a member of Wentworth's Giving Society.

Please note that information and calculations are for illustration purposes only and should not be considered legal, accounting, or other professional advice. Your actual benefits may vary depending on the timing of the gift.