Real Estate Philantropy and Other Services for Nonprofits and Private Property Owners
by Dennis Bidwell November 2012 Myth #1: If a property owner is offering a piece of real estate as a gift, there must be something wrong with it. Most of the time this is simply not true. These days property owners are exploring giving away perfectly fine pieces of real estate because: 1) they have … Read more…
by Dennis Bidwell November 2012 Take-aways from this gift scenario: Many donors have the capacity to make outright gifts of real estate, which can be converted to cash and put to use in a very short period of time. For this reason real estate gifts are being pursued as often by major gift officers and … Read more…
by Dennis Bidwell September 2012 Take-aways from these gift scenarios: Real estate-funded CGAs are attractive to many property owners wary of variable CRT payouts. Also, the relative simplicity of a CGA contract, compared to a lawyer-intensive CRT document, is appealing to many donors. Many residents of non-profit retirement communities continue to own property—often a vacation home—long … Read more…