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Support Audubon >Planned Giving
Charitable Bargain Sales
(An Alternative Source of Income)
How it works
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You sell your residence or other property to the National Audubon Society for a price substantially below the appraised market value, resulting in a transaction that is part charitable gift and part sale.
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Audubon may, at its option, keep the property or sell it and apply the net proceeds of the sale to its conservation programs.
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Benefits
- You receive an immediate income tax deduction equal to the difference between the sale price and the appraised market value.
- You pay no capital gains tax on the gift portion of the property.
- You will receive cash from the sale portion to retire a mortgage or for other purposes.
- You will have the satisfaction of making a significant gift to support Audubon’s conservation programs while also meeting your own needs.
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