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Create a Lasting Legacy
With Your Gift

With gift planning, you can provide long-lasting support for Carolina while enjoying financial benefits for yourself. Meet your personal financial goals while making a difference for the University's future.
Learn About Ways to Give

Gifts of Real Estate

If you own real property that you no longer use or has become burdensome to maintain, consider gifting it to The University of North Carolina at Chapel Hill Foundation, Inc. You can donate real estate to Carolina in several ways. Each has advantages, depending on your personal circumstances and goals.

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 University of North Carolina at Chapel Hill

Gifts of real estate video

How to make a gift of real estate

Your real property may be given to Carolina by executing or signing a deed transferring ownership. You may deed part or all of your real property to The University of North Carolina at Chapel Hill Foundation, Inc. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

Outright Gift of Real Estate

By making an outright gift of real estate, you could receive a charitable income tax deduction for the fair market value of the property. Donating appreciated real estate to Carolina instead of selling it yourself allows you to avoid capital gains taxes on the property.

Funding a Charitable Remainder Unitrust

A charitable remainder unitrust provides a future gift to Carolina while providing you with an immediate charitable income tax deduction and a tax-advantaged income stream commencing the year after the real estate is sold in the trust. The proceeds from the sale are invested to provide you with income payments for the rest of your life or for a term of up to 20 years. After your lifetime or when the trust term ends, Carolina receives the remaining funds where they will impact the area(s) you choose.

Bequest

Because property gifts are subject to the Foundation's gift acceptance policy, it is preferred that bequests of property be sold by your attorney or personal representative with net sale proceeds gifted to make the impact you desire at Carolina.

Contact us

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.