Subject: Donate your art and receive a tax deduction
| Posted By: baua
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| Posted On: 12/30/2004 10:24 PM
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0 Replies
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Summum is a 501(c)(3) non-profit organization that welcomes donations of fine art and other collectibles. Summum has received donations from private individuals who determined they could receive a greater benefit by donating their art to us and taking a tax write off rather than trying to sell the art or trade for it.
If you donate your art to us, you may deduct the appraised value of your art donation from your state and federal income taxes. If this may interest you, please see this page on our website for additional information:
http://www.summum.us/artdonations
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