When most people think of charitable giving, they think of writing a check. But there’s a smarter, more strategic way to give—especially for those with appreciated assets like real estate.
At Truman Heartland Community Foundation (THCF), we help donors explore tax-advantaged ways to support the causes they care about, and that includes accepting non-cash assets into Donor-Advised Funds (DAFs).
Why Consider Real Estate?
Contributing appreciated real estate to a DAF allows you to support your favorite charities while potentially eliminating capital gains tax on the sale of the property. Rather than selling the property yourself, you can contribute it directly to your fund at THCF. Our team then handles the sale and converts the value into charitable dollars you can grant out over time.
This strategy allows you to:
- Avoid capital gains tax on the appreciated value of the property
- Receive an immediate charitable deduction (based on the fair market value)
- Create a long-term charitable giving vehicle through your DAF
- Support multiple nonprofits from one source, at your own pace
How It Works
- Transfer the property to your Donor-Advised Fund at THCF.
- THCF handles the sale, ensuring all IRS requirements and due diligence steps are met.
- Proceeds are added to your fund, ready for grantmaking.
This approach is ideal for those with rental properties, farmland, or other appreciated real estate they no longer wish to manage. It’s a meaningful way to convert a fixed asset into flexible, impactful philanthropy.
Ready to Explore Non-Cash Giving?
Our experienced team at THCF is here to help you evaluate your options and align your giving with your financial goals. Don’t let taxes define your legacy—let generosity do that.
📞 Call Cole Eason at (816) 912-4182, or email eason@thcf.org, or visit our website to learn more about Donor-Advised Funds and real estate giving.
