One of the great things about private foundations is their flexibility in accepting contributions of all types of assets. Donors frequently contribute publicly traded securities, private equity, real estate, and interests in partnership investments to their foundations. But it is not uncommon for donors to also contribute their interests in tangible personal property to their private foundations. The types of tangible personal property that may be contributed to a private foundation are practically unlimited. Some of these include artwork, jewelry, sculpture, rare coins, boat slips, cars, and motorcycles. To make sure that the gift makes sense, for both the donor and the recipient foundation, important factors are considered in advance of the contribution, as outlined in this article.