Planned Giving

Girl from Indonesia with giant smile

Tangible Personal Property

Tangible Personal Property Diagram. Description of image is listed below.

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by Smile Train, and getting an appraisal
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to Smile Train's exempt purposes
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis

Benefits

  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to Smile Train's charitable purposes
  • You avoid capital-gain tax on long-term related-use property (capital-gain tax on tangible personal property is 28%)
  • You provide significant support for Smile Train without affecting your income

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

More Information

Contact Us

Dawn Ellwood
315-610-6966
plannedgiving@smiletrain.org

 

Smile Train
633 Third Ave, 9th Floor
New York, NY 10017

Federal Tax ID Number: 13-3661416

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