Real Estate Donations

Philanthropy is Serious Business

Give Business Interests and Real Property

FFTC works with donors to make an impact through gifts of privately held assets, allowing you to leverage significant tax benefits while retaining control of your business.

We offer effective solutions for accepting gifts of business interests, such as private stock or income-producing real estate, as well as gifts of real property.

 

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Benefits of Giving Before Sale

  • Maximize income tax deduction
  • Reduce or eliminate capital gains tax, creating more charitable impact
  • Remove assets from your estate
  • Leverage a single gift to achieve a range of charitable goals

Gifts of Business Interests

Benefits of Giving Business Interests

By gifting interests in LLCs, limited partnerships or closely held corporations to FFTC’s subsidiary Community Investments Foundation, you can support the causes you value and reduce your tax liability, all while retaining control of your business. We will hold the business interests, working in partnership with you and your advisors on flexible liquidation timelines to maximize your philanthropic impact. Net proceeds will be transferred to a new or established FFTC fund (e.g., donor advised fund).

  • Maximize income tax deduction equal to fair market value of the gift, up to 30% of your adjusted gross income
  • Reduce or avoid income taxes attributable to the gifted portion
  • Reduce or eliminate capital gains tax by gifting before sale, creating more charitable impact from your gift
  • Remove these assets from your estate, reducing potential tax liability
  • Create business continuity opportunities for your company
  • Leverage a single gift to achieve a range of charitable goals from your new or existing FFTC fund


We hold the gifted asset while you maintain management oversight. We work in partnership with you, your company and your advisors to allow you to amplify your investments in business and philanthropy. You have built a successful business. Let us help you build a stronger community.

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How It Works
gears

1. Due Diligence and Gift Acceptance

  • Donor submits Due Diligence Form to FFTC
  • Due diligence process completed by FFTC; donor obtains qualified appraisal
  • Donor makes gift to an FFTC Designated Fund within Community Investments Foundation, an FFTC subsidiary
  • Donor receives income tax deduction equal to fair market value of property, up to 30% of adjusted gross income (note: For S corp., special rules may limit charitable deduction)
community interests

2. Gift Held and Liquidated

  • During holding period, no payout is required from FFTC Designated Fund
  • FFTC structure mitigates state and federal tax liability on gifted portion; should avoid private foundation excise taxes
  • FFTC works with donor to provide flexible timelines for liquidation 
  • FFTC team works in partnership with donor on liquidation plans
  • Capital gains reduced or avoided at time of sale or liquidation
community

3. Community Impact

  • Net proceeds from liquidation are transferred to new or existing fund at FFTC 
  • Recommend grants to any qualified U.S. public charity

Contact our team to get started. The first step is to complete the Due Diligence Form. Community Investments Foundation accepts gifts of business interests with an appraised value of $250,000 or more.

Information provided is general in nature. It is not intended to be, and should not be construed as, legal or tax advice. Foundation For The Carolinas does not provide legal or tax advice. 

Due Diligence Form Administrative Fees

Gifts of Real Property

Benefits of Giving Real Property

When you donate real property, such as a personal residence, commercial property or vacant land, to FFTC’s subsidiary Community Real Property Holdings, Inc., the property will be sold and the net proceeds will be transferred to a new or established FFTC Fund (e.g. donor advised fund).

  • Maximize income tax deduction equal to fair market value of the gift, up to 30% of your adjusted gross income
  • Reduce or eliminate capital gains tax by gifting before sale, creating more charitable impact from your gift
  • Remove these assets from your estate, reducing potential tax liability
  • Leverage a single gift to achieve a range of charitable goals from your new or existing FFTC Fund


We handle the administration and management of the gifted property. We work in partnership with you and your advisors to maximize the sale of your donated property, so your real estate can make a real impact in your community.

Learn More

How It Works
red house

1. Due Diligence and Gift Acceptance

  • Donor submits Due Diligence Form to FFTC
  • Due diligence process completed by FFTC; donor obtains qualified appraisal
  • Donor makes gift to an FFTC Designated Fund within Community Real Property Holdings, an FFTC subsidiary
  • Donor receives income tax deduction equal to fair market value of property, up to 30% of adjusted gross income
community properties

2. Gift Held and Liquidated

  • During holding period, no payout is required from FFTC Designated Fund
  • FFTC team works in partnership with donor and advisors to maximize sale of donated property
  • Capital gains taxes reduced or avoided at time of sale
community

3. Community Impact

  • Net proceeds from sale are transferred to a new or existing fund at FFTC 
  • Recommend grants to any qualified U.S. public charity

Contact our team to get started. The first step is to complete the Due Diligence Form. Community Real Property Holdings Inc. accepts gifts of real property with an appraised value of $250,000 or more.

Information provided is general in nature. It is not intended to be, and should not be construed as, legal or tax advice. Foundation For The Carolinas does not provide legal or tax advice. 

Due Diligence Form Administrative Fees

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MapAnything Pledges 1% Equity to FFTC

MapAnything has long been a supporter of Pledge 1%, a global movement that encourages companies to pledge 1 percent of staff time, equity, product or profit to the community.

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Real Estate Creates Real Impact

Entrepreneur and real estate investor Peter Fioretti made a gift of commercial real estate via Community Investments Foundation, establishing an FFTC Donor Advised Fund to support an innovative new program at UNC Charlotte’s Belk College of Business.

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Real Estate Pioneer Becomes Philanthropic Innovator

A child of the Depression, John Crosland, Jr., learned a defining lesson early in life about the value of a home, shaping his philosophy of giving.

Contact

Doug Benson

Douglas Benson, J.D.

Deputy Counsel & Vice President

Email Doug

704.973.4594