Personal Property

Personal property

Your donation of personal property can make a significant difference at IU while providing you with valuable benefits.

How making a gift of personal property can benefit you:

  • Your gift may be used by students or faculty or sold to support a program close to your heart.
  • Most personal property gifts are straightforward, offering an excellent solution for items that are costly to insure or maintain.
  • Gifting artwork, antiques, collectibles, and more can enhance an IU program or be displayed with public recognition.
  • You’ll receive gift credit and an immediate income tax deduction for the appraised value of your gift and avoid capital gains tax. To establish your deduction amount, secure an independent appraisal of the property.

Questions? Contact our team.

Why did I bequeath my property and belongings to Indiana University? To support cancer research. To simplify my estate and spare my family from an onerous task. To bring my heart peace and joy.

Elyse Turula, honors her husband’s memory through a documented estate gift of her home, funding cancer research into the future