You may give personal property to Southwestern which does not relate to the University’s mission. However, your deduction in this case equals your cost basis in the property or its fair market value, whichever is less, up to 50 percent of your adjusted gross income, with a five-year carryover period. If the personal property is sold by Southwestern within two years of the date of the gift, the charitable deduction is limited to the sale amount.

Click here to download the Deed of Gift form.