"We do more than prepare students for the world that is: we help them bring about the world that ought to be."
Support Us
Planned Giving
Gifts of Personal Property
How It Works
- You transfer a valuable painting, antique, or other personal property to Friends Seminary.
- Friends Seminary may hold and display the property or use it in the furtherance of its mission.
- Friends Seminary may sell the property at some point in the future and use the proceeds for its mission.
Benefits
- 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 Friends Seminary 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 Friends Seminary in the future.
- Without using cash, you can make a gift that is immediately beneficial to Friends Seminary.
Next
- More details on gifts of personal property.
- Frequently asked questions on gifts of personal property.
- Contact us so we can assist you through every step.
Friends Seminary, the oldest continuously coeducational school in New York City, serves college-bound day students in Kindergarten-Grade 12.
