When you give the Foundation your property subject to a retained life estate, you retain the right to live in and use your property for the rest of your lifetime. You may even choose to rent it or let family use it. The deed to the property transfers when you make the gift, so you get an immediate tax deduction.
In a bargain sale, you sell the property to the Foundation for less than the current fair market value, based on an agreement with the Foundation. You receive cash in exchange for your property, a tax deduction and the satisfaction of knowing that you have helped to fight blindness.
Both retained life estate gifts and bargain sales of real estate offer tax savings. Please contact us to learn more about which type of gift is right for you.
Cash or Credit Card
This type of gift is simple and eligible for an immediate charitable tax deduction.
Many employers match employees’ gifts, and some employers even double or triple employees’ donations. Ask your employer for your company’s form and submit it to the Foundation Fighting Blindness to complete and return to the company. This is one of the easiest ways to maximize the impact of your gift.
Workplace Giving Programs
The Combined Federal Campaign (CFC) is the largest workplace-giving program in the world – for employees of the federal government, the postal service, and the uniform services. If you are a federal government or military employee and would like to donate to the Foundation Fighting Blindness through the CFC, please enter CFC code #11721 on your pledge card during the next campaign.
If you have any questions, please contact John Corneille at (877) 254- 6308.
Thank you for your support.