Real Estate & Mineral Interests

Donating appreciated real estate — such as a home, land, farm, commercial property or mineral interest— is a meaningful way to support a fund at the Kansas Methodist Foundation.

Benefits

• Avoid capital gains tax on appreciated property
• Receive a charitable income tax deduction based on fair market value
• Leave a lasting legacy

Tax Deduction

Overview *

• FMV if held more than one year
• Deduction capped at 30% of Adjusted Gross Income (AGI)
• Excess: Carry forward up to five years

IMPORTANT NOTES

• Mortgaged property: Contact us first, as existing debt may affect your deduction.

• Property type: Some real estate gifts may not qualify; please contact us related to our acceptance policies.

• Real Property with Life Estate: A life estate reserved lets you donate your home or farm to the Kansas Methodist Foundation while keeping the right to live there for life.

• Tax impact: We can help you explore potential capital gains and life-income options.

How to Give

Transfer ownership by deed, gifting part or all of your property. An independent appraisal determines the property’s fair market value.

Questions?

We’re happy to answer questions and help you find the giving option that fits your goals.

* Not intended as legal or tax advice.

MORE WAYS TO GIVE

Let's Get Started

Need help in starting or growing your endowment program? The first step is talking with Rev. Dr. Dustin Petz, President and CEO of the Kansas Methodist Foundation.

email dustin