Donating real estate to charity
Donating real estate to St. Jude may be a good way to maximize the impact of your support while possibly receiving tax benefits. You can donate a variety of property types to help the kids of St. Jude.
You might consider donating property to St. Jude if:
- You own residential, commercial, or undeveloped property that has appreciated in value since you acquired it.
- You would like to be free from paying real estate taxes and the costs of insurance and upkeep on a property.
- You have a vacation home that your family no longer uses.
- You would like your real estate property to provide life income to you and/or loved ones by setting up a Charitable Remainder Unitrust or Charitable Gift Annuity.
ALSAC/St. Jude Children’s Research Hospital does not provide tax, legal or accounting advice. This material is prepared and made available to you for informational purposes only and is not intended to provide or be relied upon for tax, legal or accounting advice. You should always consult a tax professional to determine your particular tax benefits that may result from any particular type of gift to charity.
Outright
You can gift your property outright to St. Jude.
Charitable Gift Annuity
You can gift your property to establish a charitable gift annuity or a charitable remainder unitrust.
Bequest
You can leave property to St. Jude through a bequest in your will or living trust.
Donor Advised Funds
You can transfer your property to a Donor-Advised Fund (DAF) and then make grant recommendations to St. Jude from your DAF.
Life Estate Deed
You can gift a remainder interest of your property through a life estate deed.
Benefits of donating property to a nonprofit organization
When you donate real estate to a charity like St. Jude, there are numerous benefits to consider — both for you and for the kids of St. Jude.
- You can reduce the capital gain taxes that you would otherwise pay when you sold your property.
- You may be able to take a substantial income or estate tax deduction.
- You reduce your property-related responsibilities and expenses.
- You may be able to receive income for life or a term of years, if you establish a charitable remainder unitrust or charitable gift annuity.
- You have the joy and satisfaction of helping to ensure families never receive a bill from St. Jude for treatment, travel, housing or food – so they can focus on helping their child live.
Tax ID Number:
62-0646012
We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).
Why donate to St. Jude?
Families never receive a bill from St. Jude for treatment, travel, housing or food — so they can focus on helping their child live.
When St. Jude opened in 1962, childhood cancer was considered largely incurable. Since then, St. Jude has helped push the overall survival rate from 20% to more than 80%, and we won't stop until no child dies from cancer.
Every child deserves a chance to live their best life and celebrate every moment. When you support St. Jude, you can help make cures possible for kids with cancer. Together, we can save more lives.
Our Gift Planning department has a representative in your area who can provide further information or help you prepare the right questions to ask your financial advisor to determine what type of planned gift may be right for you.
Email giftplanning@alsac.stjude.org, call (800) 395-1087, or fill out the form below, and a St. Jude representative will contact you.
Are you a financial advisor, estate planner or attorney? Call (800) 837-2757, email advisor@alsac.stjude.org or fill out this Advisors form instead.
Have you left St. Jude in your will or estate plan?
As an acknowledgment of your generosity when you give a gift to St. Jude through your will or estate plan, you become a member of the Danny Thomas – St. Jude Society, and we recognize your commitment to the mission of St. Jude in a variety of ways.
Learn How We Honor Your Generosity Explore More Planned Giving Options
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