Charitable Gifts of Real Estate
Support your favorite charity with a gift of real property
Gifts of Real Estate
Despite more than $400 billion in annual donations to America’s charities, civic, and non-profit organizations, less than 2% of all gifts consist of real estate.
This low percentage is likely due to most charitable organizations hesitating to accept real property donations due to the associated liability and ongoing expenses, such as taxes, insurance, maintenance, and utility costs.
As specialists in the charitable gifting of real estate, the team at Quantum is dedicated to assisting non-profit organizations, donors. and their advisors with all aspects of the transaction. In addition to coordinating the marketing and sale process, our team employs specific strategies that can assist non-profit with the acceptance of real property gifts without liability or expense, while attempting to maximize benefits for the donor.
Upon completion of the property sale, the donor can direct how the cash proceeds are distributed – whether through full or partial donation to one or more charitable organizations, or distribution to specific heirs & beneficiaries.
why donate your property?
Making a gift of a home, vacant parcel, investment real estate or any other time of property can be a strategic and impactful way to support charitable organizations while also providing financial and personal benefits to the donor.
Donors have the opportunity to leave a lasting legacy and make a profound philanthropic impact by supporting causes they care about deeply.
Tax Benefits
Donors may receive tax deductions, potentially reducing their income tax liability and avoiding capital gains taxes.
Significant Impact
Real estate donations can provide substantial financial support to charities, often exceeding the value of cash donations
Simplified Estate Planning
Donating real estate can simplify estate planning by reducing assets that need be liquidated upon the donor’s passing.
Elimination of Ongoing Costs
Donors can alleviate themselves from ongoing expenses associated with property ownership, such as maintenance, taxes, and insurance.
Convenience of Sale
Donating property eliminates the need to go through the often complex and time-consuming process of selling real estate.
Flexibility in Donation
Donors can specify how the proceeds from the sale of the property should be used, whether it’s for a specific program or general support of the charity.
Why should a charity accept real estate?
With over 40% of America’s wealth comprised in real estate, this asset class represents a sizable opportunity for charitable and non-profit organizations to improve their fundraising efforts.
Enhance fundraising Initiatives
Avoid Mission Drift
Accept Real estate without liability
Provide alternatives for donations
Why work with Us?
Our team has developed a number of strategies to limit the risk and associated expenses when charitable organizations accept gifts of real estate.
We are real estate experts that have completed hundreds of millions of dollars in successful transactions.
Frequently Asked questions
How Can we Help You
Contact Chris and Amy Losquadro today for a no-obligation initial consultation to discuss how we can help with your real estate needs.