Giving Options

When you give, you also gain!

It is possible you own a piece of real estate, which by converting to a charitable gift at the Imperial Valley Community Foundation, would allow you to give support to a cause you love. You will also gain the satisfaction of making a difference while receiving the maximum tax benefits allowed by law.

Receive Multiple Tax Benefits with an Outright Gift

An outright gift of real estate entitles you to receive multiple tax benefits. The Imperial Valley Community Foundation makes it easy for you to gift your entire property or a portion of it to establish a charitable fund that can support your favorite causes and provide you with benefits that can include: receiving a charitable tax deduction; avoiding capital gains tax; avoiding future estate taxes on the gifted property.

Receive Tax Estate Relief and Create a Lasting Legacy

Making a charitable gift of real estate through your will or living trust allows you to avoid potential future estate taxes. In addition, your family will not be burdened with the upkeep and sale of the property liability insurance or property taxes.

Save Capital Gains, Support your Community through a Bargain Sale

A Bargain Sale can reduce your capital gains burden, generate a charitable tax deduction and give you cash for your property. Because a Bargain Sale is considered part sale and part charitable gift, you get some of the advantages of both. A Bargain Sale occurs when you sell your property to the Imperial Valley Community Foundation for less than its fair market value. You are able to benefit from an immediate tax deduction for the difference between the sale price and the property’s fair market value.

Remain in your Home and Relieve Tax Burdens: A Retained Life Estate

You can make a significant gift to support the causes you care about with the most valuable asset you hold, yet not disrupt your living arrangements or your cash flow. A Retained Life Estate allows you to receive an immediate tax deduction for the present remainder value of your home while you continue to live there for the rest of your lift. After your lifetime, the proceeds from the sale of the property will benefit the causes you choose.

Receive an Income for Life

A Charitable Remainder Trust (CRT) allows you to make a gift of real estate (including 1031 properties) and receive an income stream for you and your spouse for the rest of your lives. You can benefit considerably from a CRT if you have highly appreciated low-yielding real estate. You avoid capital gains tax and receive a tax deduction for a portion of the gift.

A Charitable Gift Annuity (CGA) is similar to a charitable remainder trust and provides a guaranteed income stream to you and to your spouse for the rest of your lives. You transfer your property (including 1031 properties) to the Imperial Valley Community Foundation and receive a charitable deduction for a portion of the transfer in addition to avoiding capital gains tax and future estate taxes on the gifted property.