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Gifts of Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to the University of Indianapolis.

Benefits of gifts of real estate

• Avoid paying capital gains tax on the sale of the real estate
• Receive a charitable income tax deduction based on the value of the gift
• Avoid the hassle of finding a buyer
• Leave a lasting legacy to the University of Indianapolis

How to make a gift of real estate*

Your real property may be given to the University of Indianapolis by executing or signing a deed transferring ownership. You may deed part or all of your real property to the University of Indianapolis. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

Next Steps:

1. Contact UIndy's Office of Gift Planning at 317-791-2553 or [email protected] for additional information on gifts of real estate or to speak with Darcy about which asset gift is right for you.
2. Seek the advice of your financial or legal advisor.

*Certain properties pose challenges. The University of Indianapolis has policies to limit the acceptance of certain kinds of real estate. Please contact our office before making a gift of real estate so that we can explain our gift acceptance policies.