Donors can make gifts of tangible personal property, such as art, books, antiques and collections to The Broward Education Foundation. A donor’s charitable income tax deduction is based on the “related use” of the property, which means that if the property is related to the hospital’s exempt purposes the donor can take a charitable income tax deduction for the full fair market value of the property, up to 30% of the donor’s adjusted gross income. If the property is unrelated to the exempt purposes of the charity, the donor can deduct the cost basis of the property. All gifts of tangible personal property must first be approved and accepted by The Broward Education Foundation.