Gifts of Personal Property
How it works
You transfer a valuable painting, antiques, collectibles or other personal property to LA Opera.
LA Opera may hold and display the property or use it in the furtherance of its mission. LA Opera may sell the property at some point in the future and use the proceeds for its mission.
Benefits
- You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, so long as the gift can be used by LA Opera to carry out its mission.
- In certain cases, you can use personal property to fund a life-income gift that provides you with income now and benefits LA Opera.
- You have the satisfaction of making a significant gift now to LA Opera without adversely affecting your cash flow.
More
- Is this gift for you? Click here.
To learn more about gifts of personal property, Email us, complete the Information Request Form, or call us at (213) 972-7516 so that we can assist you.
LA Opera
135 North Grand Avenue
Los Angeles, CA 90012
(213) 972-7516 | Fax: (213) 972-8049
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