Gifts of Personal Property

When considering a gift, remember that valuable collections, works of art, and other forms of tangible personal property can be contributed. By donating such items during your lifetime, you can reduce the size of your estate (thereby reducing any estate taxes at your death) and may also receive a charitable income tax deduction in the year of the gift.

Because special gift acceptance policies and tax rules apply to these types of gifts, we encourage you to consult your tax or financial advisor and the University's Office of Gift Planning at (773) 702-3130 or giftplan@uchicago.edu when considering such a gift.