Donors who contribute appreciated assets to NYU Langone Health may receive two tax breaks:.a charitable income tax deduction for the fair market value of the asset and no capital gains tax on the appreciation.
Gifts of assets can also help you fund gifts that pay you—such as charitable gift annuities and charitable remainder trusts. We carefully evaluate each gift and the ways we can structure it to meet your needs.
Appreciated Securities
Enjoy substantial tax advantages by using long-term appreciated stocks, bonds, or mutual funds to make your gift.
Real Estate
NYU Langone may accept gifts of a personal residence, farmland, commercial/investment property, or undeveloped land. You may be entitled to an income tax deduction based on the property value as established by your independent appraisal. There are several structures for real estate gifts—each with advantages that may be appropriate for you.
Closely Held Business Interests and Complex Assets
Business interests, privately held stock, limited liability companies, limited partnerships, or private equity interests may be considered for charitable gifts. Donating a portion of your business The text contained in this document is offered as information and not legal advice. We encourage you to consult your tax or estate adviser. interest or other complex assets, especially before a liquidity event, can mean income and capital gains tax savings and a greater gift to NYU Langone.
Art and Collectibles
Under certain circumstances, it may be appropriate to consider a gift of your valuable art or other collectibles. The rules around these gifts are particularly detailed and might apply differently for lifetime and estate gifts. For this reason, all items that are offered to NYU Langone must be reviewed carefully.
Key considerations when donating complex assets include whether an asset can be transferred and liquidated, how long the process will take, what timing makes the most sense, determination of fair market value, and appraisal requirements.
If you have questions or would like additional information, please contact our team. Our goal is to work with you to direct your gift according to your wishes.
Gift Planning Team
Phone: 212.404.3681
Email: giftplanning@nyulangone.org