Gift of Real Estate

A charitable gift unearthed

Making a charitable gift of real estate through the Foundation for Appalachian Ohio can help you turn your property gains into community good. The value of your real estate may exceed that of any other asset you own. With the help of the Foundation for Appalachian Ohio, you can use it to fulfill your charitable interests and receive financial and tax benefits.

How it works
-You identify real estate property that you would like to give; an appraisal will help you establish its estimated market value.

-We assess the real estate for compliance with our acceptance policies and gather appropriate documentation.

-Your gift can be placed in any of our charitable funds. For example, you can use your gift to create a Donor Advised Fund in your name, in the name of your family or business, or in honor of any person or organization you choose. You can then stay involved in recommending uses of the fund.

-Your gift qualifies for a tax deduction based on its full market value; you avoid the capital gains tax that would otherwise arise from the sale of the property.

-With gifts of real estate, your property gains translate into community impact, so you get a more rewarding return on a major asset.

-We handle all the administrative details.

-Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift - and all future earnings from your gift - is a permanent source of community capital, helping to do good work forever.

More benefits
A gift of real estate releases potential that has been tied up for years, enables you to make a bigger charitable difference than you may h ave thought possible, helps you avoid estate taxes, and minimizes or eliminates burden placed on your heirs. Charitable gifts of real estate range from personal residences and vacation homes to rental properties, farmland and commercially developed land.

You may choose to give real estate outright and receive an immediate tax deduction or retain the use of the property during your lifetime and make a planned gift to the Foundation for Appalachian Ohio. You may also choose to convert real estate into a stream of income for the rest of your life by establishing a Charitable Remainder Trust or Charitable Gift Annuity with the Foundation for Appalachian Ohio. Doing this lets you transform a low-yield asset into a higher-yield, income-producing asset and claim a tax deduction for the charitable portion of the gift.

The Foundation for Appalachian Ohio provides a simple, powerful, and highly personal approach to giving. We offer a variety of giving tools to help people achieve their charitable goals.

You can make a gift of cash, stocks, bonds, real estate, o r other assets to the Foundation for Appalachian Ohio. Most charitable gifts qualify for maximum tax advantage under federal law. For more information and ideas on ways to integrate your financial planning with charitable giving, ask your financial advisor or contact the Foundation for Appalachian Ohio.