Gift of Real Estate

Making a charitable gift of real estate through the Community Foundation of Southeast Kansas can help you turn your property gains into community good. The value of your real estate may exceed that of any other asset you own. With the help of the Foundation, you can use it to fulfill your charitable interests and receive financial and tax benefits.


How it works


  • You identify real estate property that you would like to give; an appraisal will helps establish its estimated market value.
  • We assess the real estate for compliance with our acceptance policies and gather appropriate documentation.
  • Your gift can be placed in any of our charitable funds. For example, you can use your gift to create a Donor Advised Fund in your name, or the name of your family or business.  You can honor any person or organization you choose. With a donor advised fund you remain involved in recommending uses of the fund.
  • Your gift qualifies for a tax deduction based on the property’s fair market value; plus, you avoid the capital gains tax that would otherwise come from the sale.
  • Your gift can be placed into an endowed fund that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift - and all future earnings from your gift - is a permanent source of community capital, bring good to the community for years to come.


A more rewarding return on a major asset occurs with gifts of real estate.  The Foundation handles all the administrative details. Finally, the impact on the community charities is felt by many.

States across the country are experiencing an unprecedented transfer of wealth as estates change hands from one generation to the next. By 2020 in Kansas alone the transfer of wealth is estimated to be $79 billion, and will increase to $598 billion by 2064.

Many people designate their entire estate to their children. Since more people leave the communities where they were raised much of the inherited wealth leave, too. The Keep 5 in Kansas campaign promotes capturing 5% of the estate wealth which could be up to $4 billion going back to communities.