Northern Arizona University

Gifts of Real Estate

Choose any number of roads when making a gift of real estate to the NAU Foundation. They all lead to the common ground of benefits - first for you, then for NAU.

Life Estate

When you make a commitment to giving the gift of a currently occupied home or property to NAU, the benefits happen now while the transaction takes place later. You continue enjoying your home and immediately receive an income tax reduction. Normal insurance, maintenance and taxes, however, still remain your responsibility. To see how a life estate agreement might benefit you, click here to use our gift calculator.

Life Income Gift

Transform your property into a revenue stream for yourself or others by using it as a foundation for a life income gift. For more information, see charitable remainder unitrust.

Outright Property Gift

Donating your real estate - personal residence, vacation home or other property - allows you the maximum charitable deduction. An added benefit is the freedom from responsibility of having to buy and sell your property. If your property has appreciated in value, you could avoid capital gains tax while maximizing your charitable gift deduction.

Before making specific plans for real estate donation, contact University Advancement.

Benefits of Giving Real Estate:

• Significant impact on the NAU program of your choice.

• No capital gains tax on outright gifts of appreciated real estate.

• Charitable deductions based on current fair market value of your property.