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Gifts of Personal Property

How it works

  You transfer a valuable painting, antiques, collectibles or other personal property to Nyack College.

  Nyack may hold and display the property or use it in the furtherance of its mission. Nyack may sell the property at some point in the future and use the proceeds for its mission.


  • 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 Nyack 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 Nyack.
  • You have the satisfaction of making a significant gift now to Nyack without adversely affecting your cash flow.


To learn more about gifts of personal property, Email us, complete the Information Request Form, or call us at (845) 675-4428 so that we can assist you.

Nyack College
1 South Blvd.
Nyack,NY 10960
(845) 675-4428 | Fax: (845) 727-4127

2008 Nyack College and Alliance Theological Seminary. Click here for technical assistance.
1 South Boulevard Nyack, NY 10960 | 845.358.1710
335 Broadway/93 Worth St. 10th Floor New York, NY 10013 | 212.625.0500