Giving

Real Estate

You can use a personal residence, vacation home, commercial property, or undeveloped land to make a gift to HBS.

How It Works

There are three ways to make a gift with real estate:

Outright Gift: By giving real estate directly to HBS, you avoid capital gains tax due on the appreciation and also receive a charitable income deduction. HBS sells the property and uses the proceeds to support an area that you designate.
Charitable Remainder Trust: You can fund a charitable remainder trust with real estate. You avoid the capital gains tax due on the appreciation, and you and/or others receive an income for life. When the trust term ends, HBS receives the remainder.
Retained Life Estate: You can make a gift of a personal residence now and retain the right to live there for the rest of your life. At your passing, HBS will sell the property and use the proceeds to support the area you designated.

Benefits

Turns an asset you no longer use or need into a gift
Removes the property from your taxable estate and qualifies for a charitable income tax deduction
Avoids any capital gains tax due on the appreciation
Your class receives credit for the appraised value of the real estate

Anne McClintock

Senior Director of Development, Planned Giving

877-448-3864 (toll free)
pg@hbs.edu