Transforming Realty to Gift Reality
Want to make a gift to United Way of Northwest Alabama without touching your bank account? Consider giving us real estate, such as a personal residence, vacation home, farm, commercial property, or undeveloped land. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give United Way of Northwest Alabama appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction, and you may minimize or eliminate capital gains tax. And you no longer have to deal with that property’s maintenance costs, property taxes, or insurance.
Another benefit: You don’t have to hassle with selling the real estate. You can deed the property directly to United Way or ask your attorney to add a few sentences in your will or trust agreement.
If you would like to donate real estate, or have any additional questions, please get in touch with Jennifer McNulty at 256-764-5892 ext. 100 or email at ceo@uwshoals.org.