Gifts of Real Estate
(Complete gift description)

Gifts of real estate can frequently save you thousands of dollars in income, estate and capital gains taxes, while providing a substantial benefit to St. Jude Children's Research Hospital.

We can accept gifts of residential, commercial or undeveloped real estate. You receive a charitable income tax deduction based on the fair market value of the property, with no capital gains liability on the transfer. You are freed from paying real estate taxes, liability insurance and maintenance costs on the property.

In most cases, we will sell it, and apply the proceeds to the program you direct. In some cases, St. Jude Children's Research Hospital may use the property for our purposes.

Important considerations

• We must review and approve the transfer before the gift of real estate can be completed.  Among other issues, we will consider the property's marketability and environmental status.
• You will have to secure an independent appraisal to establish the property's value for the charitable deduction.
• St. Jude's Children's Research Hospital rarely accepts mortgaged property and never accepts mortgaged property into charitable gift annuities or charitable remainder trusts.

For more information

E-mail us, complete the personal illustration form or call us at (800) 395-1087 so that we can assist you through every step of the process.

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