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Gift Planning

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Gifts of Personal Property

How It Works

Please contact Lawrence DelPilar, director of individual and planned giving, to discuss a proposed donation of personal property, including artwork, antiques, or books.

If you intend to donate a work of art, the following information will be needed for curatorial review.

Title of artwork
Artist name
Provenance information (history and documentation of ownership)
Photograph of proposed donation.

For select situations, we may consider special arrangements to digitally photograph artwork if the donor resides in the Chicago metropolitan area.

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 is used by the Art Institute of Chicago 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 the Art Institute of Chicago.
You have the satisfaction of making a significant gift now to the Art Institute of Chicago without adversely affecting your cash flow.

Is this gift for you? Click here.

To learn more about gifts of personal property, e-mail us, complete the information request form, or call us at (312) 499-4110 so that we can assist you.

The Art Institute of Chicago
111 South Michigan Ave
Chicago, IL 60603
(312) 499-4110 | Fax: (312) 499-4104

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