Gifts of Real Estate

How It Works

• You deed your home, vacation home, undeveloped property, or commercial building to Glenelg Country School.
• Glenelg Country School may use the property or sell it and use the proceeds.

Benefits

• You receive an income tax deduction for the fair market value of the real estate.
• You pay no capital gains tax on the transfer.
• You can direct the proceeds from your gift to a specific program at Glenelg Country School.

• Gifts of Real Estate, a Charitable Alternative That Helps You and Glenelg Country SchoolOpens new window

Next

• You can donate your property yet continue to use it.
• More details about gifts of real estate.
• Frequently asked questions on gifts of real estate.
• Contact us so we can assist you through every step.