PLANNED

GIVING

Making a planned gift is a wonderful way to show your support and appreciation for George Mason University and its mission while accommodating your own personal, financial, estate-planning, and philanthropic goals.

Tangible Personal Property

Tangible Personal Property Diagram. Description of image is listed below.

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by George Mason University Foundation, and getting an appraisal.
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to George Mason University Foundation's exempt purposes.
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis.

Benefits

  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to George Mason University Foundation's charitable purposes.
  • You avoid capital-gain tax on long-term related-use property (Note: The top capital-gain tax rate on such assets is 28%.)
  • You provide significant support for Mason without affecting your income.

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

More Information

Contact Us

Aquanetta J. Betts, JD
Director of Planned Giving
(703) 993-6971
mylegacy@gmu.edu

 

George Mason University Foundation, Inc.
Office of Advancement and Alumni Relations
4400 University Dr., MS 1A3
Fairfax, Virginia 22030
Federal tax ID number: 54-1603842

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