Charitable Bargain Sale

Make a gift to us while getting cash to meet your obligations, or an assured stream of income for retirement.

 


How It Works

  • You sell your residence or other property to Drexel University for a price below the appraised market value—a transaction that is part charitable gift and part sale.
  • Drexel may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.

Benefits

  • You receive an immediate income tax deduction for the discount you took from the appraised market value of your property.
  • You pay no capital gains tax on the donated portion of the property.
  • You can receive payment from us in a lump sum, or in fixed installments.


Contact Us

Mail your gift to

Drexel University
P.O. Box 8215
Philadelphia, PA 19101-9684