Gifts of Real Estate

You may donate tangible property such as real estate, jewelry or art to the MUHC Foundation. Pending an appraisal of the property’s value, a tax credit is then issued for the fair market value of the gift. By gifting a piece of real estate that is not the donor’s primary residence, the donor can benefit from a reduction of the capital gains tax he or she would otherwise incur when disposing of the property. Gifts of tangible property are carefully screened by the MUHC Foundation and are accepted only after the Foundation is satisfied no issues or problems will arise after the gift is given.