Real Estate
A gift of a primary residence, second home, farm, or land to Boston College allows you to benefit from a range of financial benefits while touching the lives of tomorrow’s students.
How It Works
- Outright gift: Donate all or a percentage of your property to Ï㽶Ðã now. You’ll receive a charitable deduction for the property and eliminate capital gains tax.
- Retained life estate: Transfer ownership of your property to Ï㽶Ðã now, but retain use during your lifetime. You’ll receive an income tax deduction while still living in your home or earning rental property income. If you make home improvements that increase the value of the property, you could qualify for additional deductions. After you pass, Ï㽶Ðã will take possession of the property and the proceeds of the sale of the assets will support programs of your choice.
- Charitable remainder trust: Fund a trust with your property and receive an income stream for life or a term of years. At the passing of the named beneficiaries, Ï㽶Ðã receives the remainder of the gift to support a program of your choice. You’ll also receive an charitable income tax deduction and reduce capital gains tax.ÌýYou’ll also receive an charitable income tax deduction and reduce capital gains tax.
- Bequest: Leave your property to Ï㽶Ðã in your will or trust.
Next Steps
- Contact the Office of Gift Planning to find out if your property is eligible.
Ï㽶Ðã’s legal name, address and tax ID:
The Ï㽶Ðã
140 Commonwealth Avenue
Chestnut Hill, MA 02467
Tax ID 04-2103545
AT A GLANCE
WHO
- Anyone who owns property
WHAT
- Real estate
WHEN
- Now
- After death
WHY
- Reduce or eliminate capital gains tax
- Reduce estate tax
- Receive a charitable deduction
- Support Ï㽶Ðã at a level you didn’t think was possible
- Become a member of the Shaw Society
Ìý
How Can We Help?Ìý
We're here to partner with you if you have any questions. Feel free to reach out to us directly or fill out the form.