Personal Property – A Way to Share Things of Value

What is a gift of personal property?

In certain circumstances, you may be able to gift personal property – artwork, collectibles, and antiques – to Abington Memorial Hospital Foundation.

In order for you to claim a full income tax deduction:

• Your gift of personal property must meet the "related use" requirements of the IRS.
• For gifts whose value exceeds $5,000, you must secure a qualified appraisal to establish the property's current fair market value.

In some cases, gifts of personal property can be used advantageously to fund life-income arrangements such as FLIP Unitrusts, or deferred payment gift annuities.

All gifts of personal property are subject to review and approval by AMHF's Gift Acceptance Committee.

WARNING: Consult your legal and tax advisors before making any material decisions based on this information.

Send me a Personal Illustration!

For more information

If you are considering this gift, please complete the personal illustration form so that we can assist you through every step of the process or contact us at:

Abington Memorial Hospital Foundation
1200 Old York Road
Abington, PA 19001
215-481-4019 | Fax: 215-481-4019
E-mail: LegacyGifts@amh.org

*Notice: Consult your legal and tax advisors before making any material decisions based on this information.