Ways You Can Give

Gifts of Real Estate: The Details

Is this gift right for you?

A gift of real estate is for you if…

  • You hold readily marketable residential, commercial, or undeveloped real estate that has risen in value that you no longer wish to maintain.
  • You are concerned about rising real estate taxes and the capital gains cost of selling the property.
  • You have vacation property no longer needed by any family member.
  • You would like to consider using your real property for a life income giving arrangement.
  • The property is useful to our mission or can be sold easily.

We are happy to consider gifts of residential, commercial, and undeveloped real estate.

As with donations of other types of appreciated property, gifts of real estate secure a charitable income tax deduction for you, based on the fair market value of the property, with no capital gains liability for the transfer to Operation Mobilization.

You can donate real estate to Operation Mobilization in several ways:

  • As an outright donation;
  • As the donation of a fractional interest in the property;

When you are considering a gift of real estate, keep two considerations in mind:

  1. We will gratefully review your offer and evaluate the condition and marketability of the proposed real estate to determine that the donation is risk free and appropriate for all parties.
  2. The IRS requires donors of real estate to secure an independent appraisal to establish the fair market value of the property. We can assist you in following the IRS procedures for this appraisal.

Please contact us so that we can assist you through every step of the process.

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Make donations of Stock Shares

  • Make donations of Stock Shares
    Operation Mobilization USA (OM) is happy to receive gifts of stock shares of publicly traded companies. In order to do this, please instruct your broker to transfer the shares to OM’s broker as follows:
    Wells Fargo Advisors DTC # 0141
    Account # 4181-5468
    Phone: 503-603-2141
    Broker: W. Todd Frye
    OM's Tax ID: 22-2513811
    OM will send you a letter acknowledging your gift, including the name of the stock, number of shares and the date OM received the stock into its account. It is OM’s general policy to sell the stock shortly after the gift is made. OM will not report value, which is standard practice for Gifts-in-Kind. Please consult your tax advisor for deductibility and record keeping.
  • Per OM USA Board policy, OM USA accepts gifts subject to donor designations. However, in accordance with IRS requirements, all gifts are given to and must be treated as belonging fully to Operation Mobilization and are subject to its control. The IRS requires that OM have the power to modify any restriction or designation if, in its sole judgment, such restriction becomes, in effect, unnecessary, incapable of fulfillment or inconsistent with the charitable purpose of Operation Mobilization.

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