You convey a partnership interest to TCNJ Foundation. Depending on the circumstances, TCNJ Foundation may choose to continue the partnership interest or to sell it and use the proceeds for its programs.
- You can have the satisfaction of making a significant gift that benefits both TCNJ and you during your lifetime.
- You receive gift credit and an immediate income tax deduction for the appraised value of the donated partnership interest, net of any liabilities that might pertain to it.
- Under certain conditions, you may be able to gift a partnership interest to a life-income arrangement.