(Gift illustration)

How it works

	You identify a work of art you would like to give to the Guggenheim.
	The gift will be considered by the Guggenheim’s curators; if it is appropriate for the Guggenheim’s collection, the curators will advise you that they will recommend it to the Board of Trustees for acceptance to the collection.
	You irrevocably transfer the work of art to the Guggenheim, and the Board of Trustees formally accepts it.

Benefits

• For outright and fractional gifts, you receive gift credit from the Guggenheim and an income tax deduction for the appraised value of the work at the time of your gift (in the case of a fractional gift, all deductions are based on the lesser of the value of the work at the date of the initial transfer and its value at the time of a subsequent transfer). You pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS. Bequests to the Guggenheim are deductible for estate tax purposes.

For more information

E-mail us, complete the personal illustration form, or call us at 212 423 3500 so that we can assist you through every step of the process.

Solomon R. Guggenheim Foundation
1071 Fifth Avenue
New York, NY 10128-0173
212 423 3500