Gifts of Partnership Interests

How it works

	You convey a partnership interest to Wells College.
	Depending on the circumstances, Wells may choose to continue the partnership interest or to sell it and use the proceeds for its programs.

Benefits

• 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, such as a FLIP Unitrust.
• You can have the satisfaction of making a significant gift that benefits both you and Wells during your lifetime.