Gifts of Real Estate
Donating appreciated real estate can create a lasting gift to The Philadelphia Orchestra.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to The Philadelphia Orchestra
How to make a gift of real estate
Your real property may be given to The Philadelphia Orchestra by executing or signing a deed transferring ownership. You may deed part or all of your real property to The Philadelphia Orchestra. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.