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Giving to Sanford School: Planned Giving
Charitable Bargain Sales How it works  | You sell your residence or other property to Sanford School for a price substantially below the appraised market value, resulting in a transaction that is part charitable gift and part sale. |  | Sanford 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 Sanford during your lifetime.
More To learn more about charitable bargain sales, Email us, complete the Information Request Form, or call us at 302-239-5263 ext. 279 so that we can assist you.
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