The Foundation may also accept gifts of real estate after careful review and assessment by the Board of Directors. Like gifts of securities, a gift of appreciated real estate may also result in additional income tax and capital gains tax savings for the donor.
A gift of real estate with a fair market value greater than $5,000 will only be accepted with a qualified independent appraisal, submitted by the donor. A Phase I environmental impact study may also be needed, depending on the nature of the property.
Because of the importance and complexities of a gift of real estate, please contact the UW-Foundation at 608.785.8489 for more information.