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Gifts of Tangible Personal Property
A viable alternative to an outright gift of cash or securities is a gift of property. With careful planning, a gift of property can provide even greater tax benefits to the donor than gifts of cash or securities, and is helpful to Holy Cross as well.
- Real Estate
A donor can give real estate to Holy Cross outright, transfer that asset into a charitable trust, or arrange for a bargain-sale agreement. In the case of a gift of a home, the donor can even give the home while retaining the right of occupancy until the donor and/or the donorĂs spouse passes away. Contact the Office of Gift Planning for more details. - Other Types of Personal Property
Gifts of art, rare books, antiques, etc., are common at Holy Cross. In many cases, the gift is retained for its educational value; in a few cases, the gift might be sold. These decisions are always made between the donor and Holy Cross.