Gifts of Real Estate for Charity
Are your clients looking for new ways to support their favorite charity?
There is often more wealth in real estate than in stocks and bonds combined.
Giving real estate is simple. Let us know which property your client wants to give and what local charity he or she wants to benefit and we will help make the connection.
Generate revenue for local charities. If your client no longer needs a building or a piece of property, even out of state, their excess capacity can help a local nonprofit do even more for people right here at home.
Your client or their business can get a tax deduction. Whether they donate a vacation home, a warehouse or undeveloped lots in a subdivision, they can gain maximum tax benefit for their donation through the Charitable Real Estate Foundation.
We work with professional advisors and agents. Sometimes a gift may be the best solution for a real estate sale. We work with you to establish the best possible outcome for your client.
We are part of your Community Foundation. The Community Foundation for Monterey County Real Estate #1 LLC operates in association with the Community Foundation for Monterey County as a service to local nonprofit organizations and their donors. Our Advisory Committee of real estate professionals reviews every potential gift for its potential to benefit the charity of your client's choice. Their expertise allows us to streamline the process, avoid risks and maximize the value upon sale -- and that means more for your client's favorite charity.
Recent gifts:
- A condominium in Monterey to benefit an Agency Endowment Fund
- A condominium in Pacific Grove to fund a CRT
- a 40-unit apartment complex in Marina (valued at $5.3 million) to fund a CRT
- A leasehold interest for a shopping mall in Hawaii to fund a Donor Advised Fund
- Three ranches, an auto parts store and an apartment complex to establish a Board Discretionary Endowment Fund
Information about our Investment and payout policies and our fee sturcture can be found in the Advisor Toolkit.
Contact Vice President of Operations, Deborah Logan or call 831.375.9712 x 144 to find out more about how you can use the power of philathropy through a gift of real estate to the Community Foundation or your favorite charity. We can help you make that happen!
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