Real estate
Real estate gifts may include:
Personal residences
Vacation homes
Farms
Commercial property
Undeveloped land
These gifts can be made during a donor’s lifetime or through estate planning.
During-Lifetime Gifts
Options include:
Outright transfer of property ownership
Retained life estate (the donor continues living in the home)
After-Lifetime Gifts
Donors may leave real estate through a will, trust, or Transfer-on-Death deed where permitted by state law.
Pro Tip
Real estate gifts require careful evaluation and due diligence. Nonprofits should review each opportunity carefully in accordance with their Gift Acceptance Policy.