Text Resize

Gifts of Real Estate

Gifts of Real Estate
Real Estate
JFNA
What To Give
A gift of your appreciated real property (such as your home, vacation property, vacant land, farmland, ranch or commercial property) can make a great gift to The Jewish Federations of North America.

Here are some of the benefits you may enjoy:

  • Avoid paying capital gains tax.
  • Receive a charitable income tax deduction.
  • Leave a lasting legacy.

How you make a gift of real property

Your real property may be gifted to your Jewish Federation, Jewish Community Foundation or The Jewish Federations of America (JFNA) by executing or signing a deed transferring ownership. You may deed part or all of your real property as a gift. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal. Note that gifts of real property are accepted on a case-by-case basis.

Can you make a gift of mortgaged property?

Please contact your Jewish Federation, Jewish Community Foundation or JFNA if the property you wish to give has existing debt or a mortgage. Check on the capital gains tax implications of your gift. You also may be interested in life income options.

scriptsknown

Any tax consequences described on this page are based on U.S. federal tax law. Charitable deductions from state and local taxes or from Canadian and provincial taxes may not be available to the same extent as from U.S. federal taxes. The Jewish Federations of North America (JFNA) does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel. You may read JFNA's charitable solicitation disclosure statement here and important information about endowment gifts and bequests to JFNA here.