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Tangible Personal Property

Tangible Personal Property Diagram

How It Works

  1. Please call us to discuss the type of tangible property, possible uses of your gift by The Menninger Clinic Foundation, and getting an appraisal
  2. You receive a charitable income-tax deduction for the full fair-market value of the property if the gift's use is related to The Menninger Clinic Foundation's exempt purposes
  3. If the use is unrelated to our exempt purposes or if it's understood that we will be selling the property, then the deduction is limited to your cost basis


  • You receive a federal income-tax deduction for the fair-market value if the gift's use is related to The Menninger Clinic Foundation's charitable purposes
  • You avoid capital-gain tax on long-term related-use property (capital-gain tax on tangible personal property is 28%)
  • You provide significant support for Menninger without affecting your income

Special note: You should call or e-mail us to tell us of your intent with regards to the property, and we will be able to assist you with the details of the transfer.

More Information

Contact Us

Michele Arnold
Annual and Planned Giving Manager


The Menninger Clinic
12301 Main Street
Houston, Texas 77035


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The Menninger Clinic is a 501(c)3 nonprofit, charitable organization. Our Form 990 is available on GuideStar. Our Statement of Operations is available hereOur philanthropy Privacy Policy is available here.