Donate Real Estate

Make a Lasting Impact

Donating real estate is a meaningful and powerful way to support the BHI Foundation. It allows you to make a contribution that goes beyond cash, often with significant tax advantages, and your gift can help support care, enrichment, and community across BHI campuses.

How to Get Started

Important Legal Information

  • Legal name
    BHI Foundation, Inc
  • Address
    8330 Allison Pointe Trail, Indianapolis, IN 46250
  • Tax ID
    (EIN) 35-1680796
  • The BHI Foundation is a 509(a)(3) supporting organization; contributions are tax-deductible under U.S. and Indiana law.

You might consider donating property to the BHI Foundation if:

  • You own residential, commercial, or undeveloped property that has appreciated in value since you acquired it.
  • You would like to be free from paying real estate taxes and the costs of insurance and upkeep on a property.
  • You have a vacation home that your family no longer uses.
  • You would like your real estate property to provide life income to you and/or loved ones by setting up a Charitable Remainder Unitrust or Charitable Gift Annuity.

Ways you can give property and donate land to charity

Outright gifts of property

You can gift your property outright to your community via the BHI Foundation.

Charitable Gift Annuity

You can gift your property to establish a charitable gift annuity or a charitable remainder unitrust.

Bequest

You can leave property to the BHI Foundation through a bequest in your will or living trust.

Donor Advised Funds

You can transfer your property to a Donor-Advised Fund (DAF) and then make grant recommendations to your community via the BHI Foundation from your DAF.

Life Estate Deed

You can gift a remainder interest of your property through a life estate deed.

Benefits of donating property to charity

When you donate real estate to the BHI Foundation, there are numerous benefits to consider- both for you and for your BHI Community.

  • You can reduce the capital gain taxes that you would otherwise pay when you sold your property.
  • You may be able to take a substantial income or estate tax deduction.
  • You reduce your property-related responsibilities and expenses.
  • You may be able to receive income for life or a term of years, if you establish a charitable remainder unitrust or charitable gift annuity.

Sample Gift Language

Below are sample templates your estate planning attorney might use when drafting documents:

Outright Donation

“I, [Name], give and transfer all right, title, and interest in the property located at [address or legal description] to BHI Foundation, Inc., a nonprofit organization, to be used for its general charitable purposes.”

Bequest via Will / Trust

“I give, devise, and bequeath the property described as [address or legal description] to BHI Foundation, Inc., for its general charitable purposes.”

Charitable Remainder Trust (property contribution)

“I irrevocably transfer my interest in [address or legal description] to a charitable remainder trust for the benefit first of [you or another beneficiary] and then to BHI Foundation, Inc. upon termination or expiration of the trust.”

How to Get Started

If you’re considering donating real estate and want to explore whether it’s right for you, we’re here to help:

Major & Planned Giving Office

765-543-3289

info@bhifoundation.org

How to Donate Real Estate to BHI

Real estate gifts can be structured in different ways to match your financial and philanthropic needs:

Your attorney, tax advisor, or financial planner can help determine which option is best for you.

We are here to help. Please reach out to:

Major & Planned Giving Office

765-543-3289

info@bhifoundation.org

Frequently Asked Questions

Not necessarily. You can donate it outright now, or wait and include it in your will or trust.

Yes, but the mortgage must typically be paid off or handled in your estate plan. You and your advisors will need to address title, liabilities, and transfer logistics.

You can include terms in the gift agreement that honor existing leases, or arrange for transfer upon lease termination. Work with legal counsel to ensure clarity.

Not always. The Foundation will review each property’s location, condition, title, zoning, and potential liabilities before accepting a gift.

If you’ve held the property long term, you may avoid capital gains taxes and take a charitable deduction based on fair market value. Your tax benefit will depend on your specific tax situation—discuss with your advisor.