Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to the Jewish Community Foundation
  2. Receive income-tax deduction for fair-market value of property
  3. the Jewish Community Foundation may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to the Jewish Community Foundation

Contact Us

Planned Giving and Endowments
Foundation@jewishphilly.org
215.832.0500
Federal Tax ID #23-1500085

the Jewish Community Foundation of Greater Philadelphia
Two Commerce Square
2001 Market Street, Suite 2300
Philadelphia, PA 19103

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