An outright gift of real estate can be a major way to partner with Samaritan’s Purse in providing help to hurting people in Jesus’ Name.
In many cases, appreciated real estate can be transferred to Samaritan’s Purse as a tax-wise charitable gift.
- Samaritan’s Purse receives the generous gift of real estate.
- In the year you make the gift, a charitable tax deduction is available for the fair market value of the property, as established by a qualified appraisal. If you are not able to use the entire deduction in the first year, then you have up to five additional years to use the remaining amount.
- The property is sold by Samaritan’s Purse, as a charity, relieving you of any capital gain tax you would have paid if you owned and sold the property yourself.
- The full untaxed proceeds of the sale are available to be used as part of your legacy to meet the needs of hurting people in Jesus’ Name.
Samaritan’s Purse will consider gifts of residential and commercial real estate as well as undeveloped land. A due diligence process is required before acceptance of a real estate gift.
If you would like to discuss a real estate gift, please contact our Legacy Planning Team at stewardship@samaritan.org or Toll-free (833) 345-3422.
Did you know? You can give real estate today and generate a stream of retirement income from that gift. Learn More
Did you know? You can make a charitable gift of your home or farm today, and continue to reside on the property for your lifetime. Learn More
