There are many other types of assets that can be used to make a gift to Androscoggin Home Care & Hospice. This can include artwork, boats, stamp collections, antiques, etc. We accept just about any asset.
Gifts of tangible personal property can be given through a bequest or as an outright gift. If given outright, there are some important points to keep in mind:
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Gifts of personal property need to be evaluated on a case-by-case basis by the Foundation Board of Androscoggin Home Care & Hospice and its Board of Directors.
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Your charitable deduction is based on a qualified appraisal and whether the donated item can be kept by Androscoggin Home Care & Hospice and used in support of our mission. If the item is to be sold by the agency, your charitable deduction is limited to cost basis.
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To receive optimal tax treatment, the property in question must be considered long-term appreciated property (held by the donor for more than one year).
For more information
To learn more about gifting tangible personal property to Androscoggin Home Care & Hospice, please contact us.