Gifts of Real Estate
Contact
Advancement - Support Mac651-696-6065
866-814-0640 (toll free)
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Macalester.
How to Make a Gift of Real Estate
Your property may be given to Macalester College by executing or signing a deed transferring ownership. You may deed part or all of your real property to Macalester College. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
Benefits of Gifts of Real Estate
- Avoid paying capital gains tax on the sale of the property
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting impact on Macalester College
Our Planned Giving team is happy to discuss your specific circumstances and provide customized illustrations with no obligation.