Gifts of Personal Property
How it works

You transfer a valuable painting, antiques, collectibles or other personal property to GBMC Foundation.

GBMC may hold and display the property or use it in the furtherance of its mission. GBMC may sell the property at some point in the future and use the proceeds for its mission.
Benefits
- You receive gift credit and 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 GBMC to carry out its mission.
- In certain cases, you can use personal property to fund a life-income gift that provides you with income now and benefits GBMC.
- You have the satisfaction of making a significant gift now to GBMC without adversely affecting your cash flow.
More
To learn more about gifts of personal property, Email us, complete the Information Request Form, or call us at 443-849-3303 so that we can assist you.
GBMC Foundation
6701 North Charles Street
Baltimore,MD 21204
443-849-3303 | Fax: 443-849-3739
E-Mail: JJeppi@GBMC.org