Charitable Bargain Sale
How it Works
- You sell your residence or other property to National Audubon Society for a price below the appraised market value — a transaction that is part charitable gift and part sale.
- Audubon may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.
Benefits
- You receive an immediate income tax deduction for the discount you took from the appraised market value of your property.
- You pay no capital gains tax on the donated portion of the property.
- You can receive payment from us in a lump sum, or in fixed installments.
Next
- More detail on charitable bargain sales.
- Frequently asked questions about charitable bargain sales.
- Contact us so we can assist you through every step.
We’re Here To Help! Please contact us for further assistance.
Office of Gift Planning
National Audubon Society
225 Varick Street, 7th Floor
New York, NY 10014
212-979-3033
plannedgifts@audubon.org
