Are you looking for new ways to support your favorite charity? Take a look right under your feet or around the corner. You can find more wealth in real estate than in stocks and bonds combined.
Giving real estate is simple. Let us know which property you want to give and what local charity you want to benefit and we will help you make the connection.
Generate revenue for your favorite charity. If you have no more use for a building or a piece of property, even out of state, your excess capacity can help a local nonprofit do even more for people right here at home.
You or your business can get a tax deduction. Whether you donate a vacation home, a warehouse your business no longer needs or undeveloped lots in a subdivision, you can gain maximum tax benefit for this 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 appreciate the important role of professionals in advising prospective donors and keep you involved in the process and in the transaction whenever appropriate.
We are part of your Community Foundation. The Charitable Real Estate Foundation operates in association with the Community Foundation of Greater Birmingham as a service to local nonprofit organizations and their donors. Our volunteer board of real estate professionals reviews every potential gift for its potential to benefit the charity of your choice. Their expertise allows us to streamline the process, avoid risks and maximize the value upon sale -- and that means more for your favorite charity.
Recent gifts: - A 65-unit apartment complex in Montevallo (valued at $1.5 million) which created an Advised Fund for family giving - A bargain sale of commercial property in Irondale, which allowed the donor to reinvest the principle in a new property - Undeveloped land next to Bankhead Lake - In-town commercial property, allowing the elderly donor to remove that asset from her estate
Contact Erin Stephensonat 205-327-3805 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.
Peyton Norville currently leads a volunteer board of directors made up of experts in the real estate field who offer their expertise to make the most of any gift of real estate.
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Major gift
A local donor saved capital gains and excise taxes by choosing the Charitable Real Estate Foundation for a gift of a 65-unit apartment complex in 2006. The result was a $1.5 million gift to charity, which he used to establish a Family Advised Fund at The Community Foundation. Contact us to find out more about giving real estate to support any local charity.
