shield arrow-simple-alt-top arrow-simple-alt-left arrow-simple-alt-right arrow-simple-alt-bottom facebook instagram linkedin medium pinterest rss search-alt shaper twitter video-play arrow-long-right arrow-long-left arrow-long-top arrow-long-bottom arrow-simple-right arrow-simple-left arrow-simple-bottom readio arrow-simple-top speaker-down plus minus cloud hb pin camera globe cart rotate Group-35 star edit arrow-top arrow-right arrow-left arrow-bottom check search close square speaker-up speaker-mute return play pause love

Planned Giving Menu

About Bequests

You may be looking for a way to make a significant gift to help further our mission. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways that you can support our cause.

more
Text Resize
Print This
Email This
Request Illustration
Calculate Plan
Download Brochure

Gift Annuity for Real Estate

Gift Annuity for Real Estate
Jonathan purchased his home many years ago for $80,000. The home is now worth $420,000. Jonathan wants to sell his home and buy a condo for $130,000. If Jonathan were to sell the home and use his one-time $250,000 home exclusion, he could offset part of the gain but would still have to pay capital gains.

Jonathan: My home has been a wonderful investment. My late wife and I raised our kids there, but it was getting more difficult for me to keep up with the yard work. I wanted to sell my home and move to a condo. With fewer responsibilities, I would be able to spend more time with my grandkids.

Jonathan talked to his favorite charity's gift planner, who told him he could sell the home, avoid the tax and make a generous gift to the charity.

Jonathan: I learned a lot from my conversation with the gift planner. He told me that I could sell my home to the charity for $130,000, which would give me the money I needed to buy the condo. The charity would take the balance of the value of my home, $290,000, to fund a charitable gift annuity that would give me both a tax deduction and provide me with fixed payments for the rest of my life.

Jonathan transferred his home to charity in exchange for the charitable gift annuity. The gift annuity produced a nice tax deduction that Jonathan used to offset the gain on the sale portion to charity. He also used the home exclusion to offset the remaining capital gains associated with the payments he received from the annuity.

Jonathan: Using my home to fund the gift annuity was the best decision I could have made. I avoided tax on the sale of my home and really enjoy the benefits of the large annuity payments. Best of all, because the payments are fixed, I don't have to worry about market fluctuations.

Is a charitable gift annuity for real estate right for you?


If you own highly appreciated property, such as real estate, you could benefit from using the real estate to fund a charitable gift annuity. The annuity, coupled with the use of a home exclusion, could help you avoid capital gains, provide you with a charitable income tax deduction in the year of the gift and could increase your income.

Please call us if you have questions about charitable gift annuities. We would be happy to answer any questions that you have.

*Please note: The name and image above are representative of a typical donor and may or may not be an actual donor to our organization. Since your gift annuity benefits may be different, you may want to click here to view a color example of your benefits.


Print This
Email This
Request Illustration
Calculate Plan
Download Brochure
scriptsknown
You Can Send Rescue Today.

Give a gift today and be a last minute responder for a child in need of rescue or a social worker holding the hands of a now-free mother.

You can make the most impact as a Freedom Partner today.

Your generous monthly support of $24 or more will send rescue to vulnerable children and families at a moment?s notice, stand with them as they rebuild their lives in freedom and see their abusers in court ? no matter how long justice takes.

Login

Donor Portal

Review your giving, tax statements and contact info via the IJM Donor Portal.

please sign in
Email Sign Up
Get updates from IJM on stories from the field, events in your area and opportunities to get involved.
sign up