Gifts of Personal Property

How It Works

You transfer a valuable painting, antique, or other personal property to the American Cancer Society.
The American Cancer Society may hold and display the property or use it in the furtherance of its mission.
The American Cancer Society may sell the property at some point in the future and use the proceeds for its mission.

You receive 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 American Cancer Society to carry out its mission.
In certain cases, you can use personal property to fund a life-income gift that provides you and/or other loved ones with an income now and benefits the American Cancer Society in the future.
Without using cash, you can make a gift that is immediately beneficial to the American Cancer Society.

The gift planning information presented on this Planned Giving website of the American Cancer Society is not offered as legal or tax advice.