Gifts of Art & Tangible Personal PropertyReturn to Planned Giving 
| Gifts of Art
From our founding in 1905, gifts of artwork to the High Museum of Art have dramatically enhanced our permanent collection. For example, in the late 1940s, the J.J. Haverty Collection–an incredible donation of 25 paintings and 6 sculptures–raised the Museum's level of quality and sophistication. In Fall 2004, the High announced an ambitious initiative to strengthen its permanent collection. To celebrate the opening of the new High in November 2005 and help ensure that its collection was commensurate with its striking architectural spaces, the High's curators encouraged collectors to consider donating significant works of art from their private holdings.
The High welcomes your gifts of works of art. Works of art may be donated to the High at a future date of your choosing or incrementally over a period of time. All gifts of art must be approved by the Executive Committee of the Board of Directors before acceptance into the collection.
Current tax laws favor collectors who donate art to museums, creating a mutually beneficial partnership: the donor receives an income tax charitable deduction and the museum expands its collection. Whether given during a donor's lifetime or by bequest, take a leisurely stroll through the expanded Museum and you can appreciate what gifts of art, by caring individuals, have done to expand the High's permanent collection. |
Gifts of Personal Property
Tangible personal property includes such items as: furniture, Oriental rugs, automobiles, boats, silverware, and jewelry. For such gifts to be deductible at their full fair market value, two conditions must be met: (1) the item of personal property must be directly related to our tax exempt purposes; and (2) you must have owned the item long-term (more than one year). Gifts of tangible personal property should be valued through a professional appraisal.
Personal property not related in use to the Museum's tax-exempt purposes but held long-term also qualifies for a charitable deduction. The deduction is limited, however, to your cost basis in the property. Personal property held short-term and contributed to us also results in a charitable deduction for just your cost basis in the item. Art Acquisition Support
Monetary gifts, some made during the donors' lifetimes, others made as bequests, have also contributed to numerous art acquisitions at the High. For example, visitors to the High can enjoy Monet's Autumn by the Seine as a result, in part, of charitable bequests from the estates of Eleanor Storza's and Frances Cheney Boogs.
Planned Giving Calculator
The High’s Planned Giving Calculator provides you with illustrations of the income and tax benefits you may be entitled to when you make a planned gift to the High. Click here for our Planned Giving Calculator >>
For More Information
To discuss planned giving options, please contact Tamara McClelland, Development Officer, at (404) 733-4238 or via e-mail at high.plannedgiving@woodruffcenter.org. You can also write to our office at: Planned Giving Development Office
High Museum of Art
1280 Peachtree Street NE
Atlanta, Georgia 30309 |
