Gifts of Personal Property

Gifts of art, collections, and other tangible property can be an effective way to provide meaningful support for the University. Depending on the asset given, the structure of your gift, and the purpose of your gift, there are various tax and financial benefits.

There Are a Number of Ways to Make your Gift:

The Tax Benefits Can Include:

  • Charitable income tax deduction and avoidance of capital gains tax based on fair market value for a gift of art accepted into the permanent holdings of the Harvard Art Museum
  • Capital gains tax avoidance for a gift of art or other tangible property to be sold by the University to fund another purpose (e.g., financial aid, professorship, curatorship, program support)
  • Gift and estate tax saving

For Further Information

Please contact us at 1-800-446-1277 or use our electronic form.

Harvard Management Company

Jane Mendillo

Harvard Management Company (HMC), a wholly owned subsidiary of Harvard University, was founded in 1974 to manage the University's endowment, pension assets, working capital, and deferred giving accounts. HMC is governed by a board of directors that is appointed by the President and Fellows of Harvard College, known as the Corporation. Jane Mendillo is President and CEO of Harvard Management Company and Jennifer Pline is the managing director of Trusts and Gifts.