Charitable Bargain Sale: The Details
You can sell your property at a discount, deduct the difference, and receive a lump sum or installment payments.
Is this gift right for you?
A charitable bargain sale is for you if…
- You want to donate property to Audubon, while retaining some of its value for your personal needs.
- You want to give us real estate, securities or other assets that we can sell for our benefit.
- You are willing to sell your property to us for an amount below its fair market value.
- You are looking for a gift plan that can reduce your capital gains liability, generate a charitable deduction, and give you cash for your property.
With the charitable bargain sale you sell real estate or other marketable property to us at less than fair market value. The transaction gives you cash that you can use, plus a charitable income tax deduction for the discount you took from the market value.
We mutually agree on the purchase price for your property, and on whether we will pay you in a lump sum or through an installment note.
The bargain sale is the only gift plan that can give you both:
- a lump sum of cash, and
- a charitable deduction.
Please contact us so that we can assist you through every step of the process.
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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