Give Real Estate. Grow Your Impact.
Gifts of real estate can make a lasting difference in your community. By donating a property to TFEC Properties Inc., you may be able to reduce your tax burden, avoid capital gains and create a long-term charitable fund that supports causes you care about.
Whether it’s a home, farm, vacant land or other property, your gift can be converted into community impact through The Foundation for Enhancing Communities.
What Is TFEC Properties Inc.?
TFEC Properties Inc. is a 501(c)(2) holding company that allows TFEC to accept and manage real estate gifts. We work with donors, advisors and legal professionals to receive, hold and sell property. Once a property is sold, the net proceeds are placed in a charitable fund that supports nonprofits, scholarships or specific community needs of the donor’s choice.
What Kinds of Property Can Be Donated?
We consider a wide range of real estate, including:
- Homes or vacation homes
- Farms or agricultural land
- Undeveloped land or lots
- Commercial or rental properties
- Mineral rights
- Undivided interests in real estate
- And more
To be eligible, the property should generally meet these criteria:
- Held for more than one year
- Free from debt or encumbrances
- Marketable and suitable for sale
- No prearranged sale in place
- Environmental and legal conditions can be met
How the Process Works
We guide you every step of the way:
Start the conversation
Contact our team to discuss your goals and the property.
Complete the Real Estate Gift Inquiry Form
To begin the donation process, please complete the following form. Please note that all information collected will be kept confidential. All personal data on this form is subject to the TFEC’s Privacy Statement (https://www.tfec.org/privacy-statement/).
A $5,000 application fee is required to submit the form. This fee covers due diligence activities such as property evaluation, legal and environmental review, and administrative processing.
Review and Approval
We complete due diligence, including property evaluation and required documents. We will request a qualified appraisal, environmental review or title documentation.
Transfer the Property
Once approved, we work with you to complete the legal transfer.
Sell and Support Your Fund
After the property is sold, proceeds are placed in a charitable fund at TFEC based on your preferences.
Choose the Right Fund for Your Gift
Your gift can support:
- An unrestricted fund that addresses the region’s greatest needs
- An area-of-interest fund focused on causes you care about, like education, health or the arts
- A donor-advised fund that allows you to recommend grants to nonprofits of your choice
- A designated fund that supports a specific organization(s) that you choose
- A scholarship fund that helps students pursue their educational goals
Why Give Real Estate?
Donating property can offer many benefits:
- Receive a charitable deduction based on the fair market value
- Avoid capital gains tax on appreciated property
- Reduce or eliminate the estate tax
- Simplify estate planning
- Support the causes you care about now or in the future
Let’s Talk
Gifting real estate doesn’t have to be complicated. TFEC is here to help make the process smooth and meaningful. Together, we can turn your property into purpose.
Contact us to learn more about donating real estate and the impact you can make.
Real Estate Donation Inquiry Form
