Rose-Hulman Institute of Technology’s students, faculty, staff, and visitors to campus benefit from the presence of an outstanding collection of art, antiques, and other collectibles donated to the school. The gift should be accompanied by a “Deed of Gift” (form) stating the donor’s name, a description of the property and an estimate of its value. Gifts of this type are subject to review by the Art Committee and Rose-Hulman’s Art Curator. 

An income tax charitable deduction may be available for gifts of this type. If the claimed deduction for an item or group of similar items exceeds $5,000, a qualified appraisal is required by the Internal Revenue Service. 

IRS Publication 526 “Charitable Contributions” and IRS Publication 561 “Determining the Value of Donated Property” are valuable resources.