- passing of title;
- made with the intent to pass title;
- without receiving money or value in consideration for the passing of title.
The following form is a gift works of art to an educational, religious, or charitable institution.
The North Carolina Gift of Works of Art is a program that encourages the acquisition and donation of artworks to public institutions throughout the state of North Carolina. Its main objective is to preserve and showcase the artistic heritage of the region, while also fostering cultural enrichment and education for its residents and visitors. This program supports the acquisition of a wide range of art forms, including paintings, sculptures, ceramics, textiles, photographs, and more. The artworks can be of historical, modern, or contemporary nature, and may represent a diverse array of styles and artistic expressions. The North Carolina Gift of Works of Art program recognizes the value of both established and emerging artists, and welcomes contributions from professionals, amateurs, and art collectors alike. By encouraging the donation of artworks, this program aims to build and expand the collections of public institutions such as museums, libraries, universities, and cultural centers throughout the state. These institutions play a vital role in preserving and presenting the artistic legacy of North Carolina, enabling the public to access and appreciate its cultural heritage. Through the North Carolina Gift of Works of Art program, individuals and organizations are provided with numerous benefits. Donors receive tax deductions for the fair market value of their contributions, allowing them to support public institutions while also enjoying financial advantages. Additionally, the program provides a platform for artists to showcase their works to a wider audience, promoting their talent and contributing to their professional development. While there are no specific types of this program, there may be various initiatives or collaborations within the North Carolina Gift of Works of Art program that cater to specific artistic categories, themes, or geographic areas of interest. These initiatives might involve partnerships with local communities, special exhibitions, public art installations, or commissions for site-specific artworks. Such collaborations enable a broader reach and engagement with different artistic communities across the state, fostering creativity, innovation, and cultural diversity. Overall, the North Carolina Gift of Works of Art serves as a vital conduit between artists, art enthusiasts, and public institutions, ensuring the preservation, accessibility, and growth of North Carolina's artistic heritage. Its commitment to fostering creativity and cultural enrichment contributes to the vibrant arts scene in the state and elevates the role of art in society.