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Trinity Planned Giving

Charitable Bargain Sales

Click Here for Detailed Explanation



How It Works

You sell your residence or other property to Trinity School for a price substantially below the appraised market value, resulting in a transaction that is part charitable gift and part sale.

Trinity usually elects to sell the property and uses the net proceeds of sale for the purpose or purposes you specify.

Benefits

  • You receive an immediate income tax deduction for the appraised market value of the portion of the property you donated.

  • You pay no capital gains tax on the donated portion of the property.

  • You can receive cash from the sale portion to retire a mortgage or for other purposes.

  • You can have the satisfaction of making a significant gift to Trinity during your lifetime.

More

For more information

If you are considering a charitable bargain sale, email us, complete the personal illustration form, or call us at 212-932-6859 so that we can assist you through every step of the process.






139 West 91st Street
New York, NY 10024-1399
Main Switchboard 212.873.1650
Voice Mail System 212.932.6997
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