Home
Forms Library
Donation or Gift to Charity of Personal Property

Donation or Gift to Charity of Personal Property 2025

Donation or Gift to Charity of Personal Property Preview on Page 1

See details

4.3 out of 5

54 votes

The document is a legal agreement in which a donor transfers ownership of specified personal property to a donee as a charitable gift. It states that the property is accepted 'as is' without any warranties, and includes a section for the fair market value of the property.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Donation or Gift to Charity of Personal Property

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by entering the name of the donor in the designated field. This identifies who is making the donation.
In the next section, describe the personal property being donated. Be specific about the items to ensure clarity.
Indicate that no warranties are made regarding the condition of the property by acknowledging this clause in your own words if necessary.
Fill in the fair market value of the personal property in the provided space. This is important for tax purposes.
Finally, sign and date the document as both donor and donee to finalize the agreement.

Start using our platform today to easily complete your Donation or Gift to Charity of Personal Property form for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the meaning of donation of property?

A donation is a voluntary transfer of property (often money) from the transferor (donor) to the transferee (donee) with no exchange of value (consideration) on the part of the recipient (donee). (The recipient gives nothing in exchange for the donated property.)

Which donations are eligible for 100% deduction?

Donations are eligible for a one-hundred per cent deduction under Section 80G, with no qualifying limits. National Defence Fund by the Central Government. Prime Minister National Relief Fund. National Foundation for Communal Harmony. A University/educational institution of National eminence.

What is the 50% reduction rule for capital gain property contributions?

Gifts of capital gain property generally are limited to either 30% or 20% of AGI, depending on the donee. The only way to apply the 50% limitation to a gift of capital gain property is to elect to take a reduced charitable contribution (i.e., deduct the propertys tax basis instead of its FMV).

How much of your donation actually goes to charity?

Taxpayers who itemize deductions on their income tax returns can deduct charitable gifts up to 60% of adjusted gross income (AGI).

Is donating to a charity worth it?

Heres what you need to know right away: Most reputable charities, including the National Veterans Foundation that Easy Donation Pickup supports, put 70-85% of donations directly toward their programs, with the remaining 15-30% covering essential overhead costs like administration and fundraising.

Is donating money a good deed?

Donating is something of a selfless act. Only feeling good about giving is one of the big positive benefits of contributing money to charity. Being able to give back to others in need helps you gain a greater sense of personal fulfillment and development, and helping others feels good.

Donation or Gift to Charity of Personal Property 2025

Here's how it works