In addition to the charitable income tax deduction, if you have owned these assets for more than one year, you may avoid capital gains taxes. For information about gifts of stock and securities please njit.edu/development/gifts-stock-and-securities or contact Beth Kornstein, Interim Vice President, Development & Alumni Relations, at elizabeth.s.kornstein@njit.edu or 973-596-8548.
Gifts in Kind
NJIT gladly accepts gifts-in-kind that support its mission. Gifts-in-kind may include, but are not limited to, valuable works of art, books, and scientific equipment and instrumentation. Please contact Michael Wall, Associate Vice President for Development & Alumni Relations, at michael.a.wall @njit.edu or 973-596-5629 to discuss this type of donation.