Planning Your Gift with Assets

Gifts of Appreciated Securities

You can complete a contribution of stock held long-term generating an income tax deduction for fair market value and permanently avoiding tax on the gain.

Real Property

You can contribute to Hamilton all or a portion of your residence, vacation home, commercial property or undeveloped land outright or in trust. You also may contribute your primary residence to the College while retaining the right to live in and enjoy it for life.  Similar to securities, contributions of real property save income and capital gains taxes.

Gifts of Art and Other Tangible Personal Property

Art, antiques, manuscripts, maps and rare books are among the tangible personal property gifts regularly contributed to Hamilton.

Gifts of tangible personal property may be donated to the College during your lifetime or by Will.

These gifts require special attention to insure the donor’s income tax charitable contribution deduction.  Hamilton may not be able to accept the item(s) given space limitations, collection parameters and the ability to provide proper care. If you are considering a gift of tangible personal property, you are encouraged to contact the Director of Planned Giving, the Director of Special Collections or another appropriate Hamilton department head to discuss the potential gift. Potential Gifts of art to the Wellin Museum should be submitted via email to giftart@hamilton.edu using the Gift of Art Proposal Form.

Hamilton College will accept gifts of tangible personal property under the following terms and conditions:

  • The donor(s) represents and warrants that he/she/they are the sole owner(s) of the property which has not been exported from its country of origin in violation of the laws of that country in effect at the time of the export nor imported into the United States in violation of the laws and treaties of the United States.
  • The College determines the gift can be used for its exempt purpose.
  • Issues of accession are discussed and agreed upon with the donor(s).
  • The donor(s) acknowledges that, in making this gift, it becomes the property of Hamilton College.  If the gift is labeled for display or publication, it will be credited as identified on the Gift Acceptance form as agreed upon by the donor(s) and the College representative.
  • This gift may be used, as appropriate, for display and/or reproduced in College publications, press announcements and its website.  To the extent the gift is subject to intellectual property protection, the donor(s) conveys all such rights to Hamilton College.
  • Further, the gift may be used for research or examination, exhibited, stored, maintained, loaned and disposed of as determined by the College as successor owner.
If the item is related to Hamilton’s tax-exempt purpose, the donor(s) may be able to claim an income tax charitable contribution deduction for the full fair market value of the gift and avoid long-term capital gains tax. When the value of the item, or similar items contributed to one or more entities, exceeds $500, the donor is required to file IRS Form 8283 with his or her tax return. In addition, when the value exceeds $5,000, the donor is required to obtain a qualified appraisal.

Let’s Talk

Contact Ben Madonia ’74 at 315-859-4669 or bmadonia@hamilton.edu to discuss how the College can help you with your gift planning needs. Please choose Hamilton College to tell your story and share your legacy.

Contact Information

Ben Madonia

Director of Gift Planning
315-859-4669 bmadonia@hamilton.edu
Gift Calculator

Gift Calculator

This online gift calculator allows you to see first hand the benefits of all planned gifts available at Hamilton.

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