Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to a parish, school, ministry or fund within the Catholic Foundation.
Gifts of Real Estate
Real Estate
CFNEK
*CFNEK: this gift will go to a Parish, School, Ministry, or fund held by the Catholic Foundation.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to Catholic Foundation of Northeast Kansas
How to make a gift of real estate
You may deed all or part of your real property to Catholic Foundation of Northeast Kansas by executing or signing a deed transferring ownership. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Contact us
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.