Planned Giving at Kentucky Baptist Foundation
Charitable Gift Planning

Charitable Gift Planning

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Gifts of Real Estate

Gift of Real Estate Diagram

How It Works

  • You deed your home, your vacation home, undeveloped property or a commercial building to Kentucky Baptist Foundation for the benefit of charitable cause(s) you designate.
  • Kentucky Baptist Foundation will sell it and use the proceeds to benefit the charitable cause(s) you designate.

Benefits

  • You receive an income tax deduction based on the fair market value of the real estate at the time of the transfer.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to benefit the cause(s) important to you.

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Kentucky Baptist Foundation
P.O. Box 436389
Louisville KY 40253-6389
502-489-3533 | Fax: 502-489-3564



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