Gifts of Real Estate: Property That Builds A Better Region 

A beach houseGifts of real estate to The Philadelphia Foundation can include a house, apartment building, farm, vacation home, commercial buildings, and income-producing and non-income-producing land.

Such a gift can:

  • Unlock significant financial potential that has been tied up for years.
  • Enable you to make a bigger charitable difference than you may have thought possible.
  • Provide tax and other efficiencies to you and your heirs.

A gift of property that you have owned for more than a year entitles you to a tax deduction for the full fair market value of the property.

You can make an outright gift of property now or through your estate.

Life Estate

A life estate gift allows you to continue to live in a home or vacation home for life and enjoy a current income-tax deduction. The Philadelphia Foundation will ultimately sell the property and use the proceeds to support the charitable purposes you care about most.

How It Works

  • House KeyIdentify the real estate property to give; an appraisal will help establish its estimated market value.
  • Notify us so we can assess the property for compliance with our acceptance policies and gather appropriate documentation. 
  • The gift qualifies for a tax deduction based on its full market value.
  • The gift — and all future earnings from it — becomes a permanent source of community capital, helping to do good work forever.

Schedule a confidential conversation with our professional staff about donating real estate. Email us or call (215)563-6417.

Contact Us

1835 Market Street, Suite 2410 | Philadelphia, PA 19103-2968 | Directions

Phone: 215-563-6417 | Email Us

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1835 Market Street, Suite 2410
Philadelphia, PA 19103


Accredited CF