Donating tangible property to Suffolk can be a unique and meaningful way to support the University. Tangible personal property is defined as property that can be physically touched, including antiques, artwork, and precious gems and metals. Suffolk may use your gift of personal property for others to learn from and appreciate or to enhance its physical surroundings. You may realize a tax savings if your gift has appreciated in value.

Sarah M.’s gift of personal property

Sarah M. traces her appreciation of American history to her undergraduate days at Suffolk University. In the years since she earned her B.A. from the College of Arts & Sciences, Sarah has amassed a collection of rare manuscripts that is valued at $75,000. Having benefited from financial assistance while a student at Suffolk, Sarah felt strongly about giving back to the University. She decided to donate the manuscripts to Suffolk’s Mildred F. Sawyer Library. The manuscripts will become part of the Library’s permanent collection.

With this gift, Sarah has:

• Benefited from an income tax deduction of $75,000
• Removed the value of the collection from her estate, thus avoiding estate tax
• Presented the Mildred F. Sawyer Library with a valuable gift that will benefit future generations of Suffolk students

Please contact the Office of Advancement to learn more about gifts of personal property.