Gifts of Real Property
As an institution dedicated to the management and stewardship of natural resources, ESF has a special interest in donations of forest land. All such gifts to ESF are received by the ESF College Foundation, Inc., and are fully tax-deductible.
A gift of land or other real property can generate many benefits. These include:
- avoidance of potential capital gains tax that might occur from a sale;
- income tax deduction for the full fair market value of the property;
- elimination of property tax burdens and maintenance costs, and much more.
Donated properties are either held for long-term management and research/instructional use or sold to generate income. Either way, your real property donation will support the College’s research and academic activities or provide vital funds for scholarships.