Increase Font Size Decrease Font Size Print Page Contact the Catholic Community Foundation

Charitable Bargain Sale

Bargain Sale Diagram

How It Works

  • You sell your residence or other property to the Catholic Community Foundation for a price below the appraised market value—a transaction that is part charitable gift and part sale.
  • The Foundation 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.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2017 VirtualGiving.com

Vision/Mission Leadership Staff Annual Report Audited Financials Governing Documents FAQs Contact Us
Establishing a named fund Why establish a named fund Getting Started An Example
Endowment Funds Donor Advised Funds Listing of Funds
Meet Our Donors Bequest Language Legacy League Membership Form
Mustard Seed Match
Contribution Form (Tribute) Mustard Seed Match Stock Transfer Instructions Distribution Recommendation Form Legacy League Membership Form Direct Deposit (CGA)
Parishes Catholic Education Evangelization Children Outreach Catholic Charities
HomeAbout UsHow It WorksFundsLegacy LeagueResources

© Copyright 2010 Catholic Community Foundation