Charitable Bargain Sale

Increase Font Size Decrease Font Size Print Page Contact Hobart and William Smith Colleges

Charitable Bargain Sale

Bargain Sale Diagram

How It Works

  • You sell your residence or other property to Hobart and William Smith Colleges for a price below the appraised market value—a transaction that is part charitable gift and part sale.
  • HWS 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

 

Connect

Hobart and William Smith Colleges,
Geneva, NY 14456
(315) 781-3000

Map/Directions
Contact the Colleges

Quicklinks

Home
Search
Offices and Resources
Campus Directory
Webmail

make a gift

Preparing Students to Lead Lives of Consequence.