A personal and meaningful way to give
A wide range of non-cash donations, such as books, real estate, artwork, special equipment and other tangible personal property, are commonly referred to as gifts in kind. These gifts may enhance an academic department or a U of T collection.
The following types of property require special consideration and consultation with the University to ensure that they support its academic priorities:
- Real estate
- Certified cultural property
- Personal book collections
Benefits of a gift in kind:
- You receive a charitable tax receipt for the appraised, fair market value determined on the day the gift is made;
- Gifts in kind can be made during your lifetime, or through your estate by including instructions in your will;
- You can designate your gift to any area of the University, such as the U of T Libraries, a U of T gallery, or to programs, faculties, schools, departments or divisions.
When the donation is made, the University will either add the donated
item(s) to its collections or it will liquidate the asset, depending on a mutually agreed-upon course of action.
Giving gifts in kind through your estate:
It is important to contact our office before arranging this type of bequest to ensure that it supports U of T’s academic priorities.
The King's College Circle Heritage Society recognizes alumni and friends who have remembered the University through a provision in a will or other form of planned gift.
If you have left a gift in your will, please let us know.