Real Estate

Gifts of real estate – particularly real estate that has appreciated in value over the years – can be a wonderful way to fulfill your charitable desires while also addressing your financial planning needs. Outright gifts of appreciated real property (such as a personal residence, vacation home or other real estate) may not only help the College, but also offer tax advantages to you as well. In addition to the philanthropic credit you receive, in certain circumstances, a charitable deduction is allowed for the fair market value of the donated property (as determined by a "qualified appraisal").

Besides an outright gift of real estate, you can also give the College a fractional or percentage interest in a property, use the property to fund a life income gift such as a charitable remainder trust or even deed the property to Vassar but retain the right to live on it for the remainder of your lifetime.

To learn more about how you can make a gift of real estate, please visit Gift Planning or Alexas Orcutt with the Gift Planning Office at (845) 437-5487 or (800) 443-8196.