Transforming Realty to Gift Reality.
Want to make a gift to the University of Southern Maine Foundation 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 the University of Southern Maine Foundation 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. What’s more, 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 USM or ask your attorney to add a few sentences in your will or trust agreement.
You can give real estate to USM in the following ways:
- An outright gift
- A gift in your will or living trust
- A donor advised fund
- A retained life state
- A charitable remainder unitrust
- A bargain sale
- A charitable lead trust
- A memorial or endowed gift
Learn more about ways to plan a legacy gift on our dedicated website.
Let’s continue the conversation.
Contact Erin Macey, Executive Director of Development:
Phone: 207.780.4408 or Fax: 207-780-4778
Email: erin.macey@maine.edu
Mail: Make your check payable to University of Southern Maine Foundation and addressed to Erin Macey, USM Foundation, P.O. Box 9300, Portland, ME 04101-9300
When planning to make a gift to USM, seek the advice of your financial or legal advisor.