Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to the Prichard Committee
  2. Receive income-tax deduction for fair-market value of property
  3. The Prichard Committee may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to the Prichard Committee

Contact Us

Shawn J. Lyons 
Vice President and Director of Philanthropy
859-227-0987
shawn@prichardcommittee.org

The Prichard Committee for Academic Excellence
2285 Executive Drive, Suite 120 
Lexington, KY 40505
Federal Tax ID#: 61-1026214

Back

Charitynavigator
Candid
Bbb