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Gifts of Personal Property: FAQs

What are the tax benefits of donating personal property?Layer Closed

The key question to determine is whether or not your donation has a legitimate use related to the charitable mission of our organization. For example a gift of artwork or a stamp collection can enhance an educational purpose; a gift of a piano or other musical instrument can enhance a musical program; a gift of kitchen equipment can enhance a feeding program, etc. If your gift is related to our purpose, then your income tax deduction is based on the fair market value of the property. For gifts of property with a value of $5,000 or more, an independent qualified appraisal of the property is required by the IRS.

If your gift of personal property has no relation to our mission, then your tax deduction is limited to the lesser of cost basis in the property or its fair market value. We suggest that you acquire IRS publications 526 and 561 to review all the comprehensive information available for gifts of personal property.


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School Ministries of Birmingham is qualified as a charitable organization by the IRS Code section 501(c)(3) and is an Alabama nonprofit corporation. All donations are tax deductible to the full extent allowed by Federal and State law.

A long time ago, children got into trouble for chewing gum or skipping down the hallway—but not now.  Today it is much more serious -- drugs, murder, sexual assault and other serious violent felonies.  Today children are reaching out—no, screaming out for help.  Released Time education pays off in that students have more self respect, better behavior at school and at home,  and improved academic performance.

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