Real Estate

Gifts of Real Estate (Residential, Commercial, Raw)

When you make a gift of real estate to Josh McDowell Ministry, you transfer the burden of managing the property, and remove a large asset from your taxable estate. You gain powerful tax benefits and possibly an income stream for you and/or your loved ones.

Josh McDowell Ministry is able to receive gifts of residential, commercial, agricultural, or undeveloped real estate. A real estate gift can be made outright or can fund a life income arrangement.

Alternatively, JMM can purchase property from donors for a discounted amount (known as Charitable Bargain Sales), or you can transfer the title of your home to Josh McDowell Ministry and legally continue to live there for the remainder of your life (known as a Retained Life Estate).

As with other property gifts, you can claim a charitable deduction for the fair market value of real estate that you have held for more than one year. Unlike tangible personal property, the real estate property does not have to be related to your charitable purpose. Josh McDowell Ministry can sell the donated property immediately without jeopardizing your charitable deduction.

You can deed your home, vacation home, undeveloped property, or commercial building to Josh McDowell Ministry. You may continue to use the property rent-free. When ownership passes to Josh McDowell Ministry, we may use the property or sell it to use the proceeds. You are responsible for securing a qualified appraisal of the real estate to substantiate a claimed charitable deduction.

The benefits to you:

  • 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 your gift to a specific program at Josh McDowell Ministry.
  • Property subject to a mortgage may not be suitable as a gift to JMM due to tax and other considerations.

Before accepting a gift of real estate, Josh McDowell Ministry will conduct due diligence on the property, including assessment of marketability and environmental concerns.

For more information about charitable reporting requirements please see IRS Form 8283 and 8282. Please also consult with your financial advisory and/or tax attorney prior to making a property donation to Josh McDowell Ministry.

Josh McDowell

Founder

JMM Development Team

Shelley Komoszewski

Director of Advancement

Bill Daly

Senior Ministry Representative

Mark A. Brown

Senior Ministry Representative

plannedgiving@josh.org
469 722 1419

Donate Today

Checks can be mailed to:
Josh McDowell Ministry
2001 W. Plano Parkway
Suite 2400
Plano TX 75075

Josh McDowell Ministry is a ministry of Cru (formerly, Campus Crusade for Christ, Inc.), a California non-profit corporation (tax identification # 95-6006173), located at 100 Lake Hart Drive, Orlando, Florida 32832.

DISCLAIMER
The purpose of this website is to provide general gift, estate, and financial planning information. Watch for tax revisions. State laws govern will, trusts, and charitable gifts made in a contractual agreement. Advice from legal counsel should be sought when considering these types of gifts.

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