Marquette campus in the spring.

Tangible Personal Property

Tangible Personal Property Diagram

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by Marquette, and getting an appraisal
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to Marquette's exempt purposes
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis

Benefits

  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to Marquette's charitable purposes
  • You avoid capital-gain tax on long-term related-use property (capital-gain tax on tangible personal property is 28%)
  • You provide significant support for Marquette without affecting your income

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

More Information

Contact Us

Katie Hofman
Managing Director, Planned Giving
(414) 288-0396
Kathryn.Hofman@marquette.edu

Cathy Steinhafel, Law '89
Senior Director of Development, Planned Giving
(414) 288-6501
Catherine.Steinhafel@marquette.edu

 

Steve Farwig
Director of Development, Planned Giving
(414) 288-0214
Stephen.Farwig@marquette.edu

Eileen Jennings Strachota
Director of Development, Planned Giving
(414) 288-0344
Eileen.Jennings@marquette.edu

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer