Charitable Bargain Sale
How It Works
- You sell your residence or other property to Carleton College for a price below the appraised market value — a transaction that is part charitable gift and part sale.
- Carleton 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.
- Quick Link to a Gift
Gifts Anyone Can Afford
Gifts from Your Will or Trust Gifts of Stock or Appreciated Assets Gifts of Real Estate Gifts of Personal Property Gifts of Retirement PlansGifts That Pay You Income
Charitable Gift Annuity Deferred Gift Annuity Charitable Remainder Annuity Trust Charitable Remainder UnitrustGifts That Protect Your Assets
Retained Life Estate Charitable Bargain Sale Charitable Lead Trust - Features
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