Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Answers in Genesis.
Benefits of Gifts of Real Estate
- Avoid paying capital gains tax on the sale of the real estate held for more than a year.
- Receive a charitable income tax deduction based on the value of the gift.
- Leave a lasting legacy to Answers in Genesis.
How to Make a Gift of Real Estate
Your real property may be given to Answers in Genesis by executing or signing a deed transferring ownership. You may deed part or all of your real property to Answers in Genesis. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Contact Us
If you have any questions about gifts of real estate or would like to make such a gift, please contact us. We would be happy to assist you and answer any questions that you have.
All gifts to Answers in Genesis, a 501(c)(3) non-profit organization, are tax deductible to the fullest extent allowed by law. Gifts given to a specific program will be used for that program unless we receive more contributions than can wisely be used for that program.
Answers in Genesis recognizes that financial integrity is foremost in a
ministry as it uses supporters’ donations wisely. For this reason, AiG has
sought to maintain the highest standard when it comes to our financial
affairs, stewardship, and accountability. Below are a few of the actions
that AiG has taken to achieve this goal:
Answers in Genesis is a member of the Evangelical Council for Financial Accountability® (ECFA), an independent organization that reviews the financial integrity of non-profit evangelical ministries. The annual membership review process includes the submission of audited financial statements and a 990 tax return.
Ken Ham, president and cofounder of Answers in Genesis, was presented with the National Association of Christian Financial Consultants® (NACFC) 2008 Integrity Award as part of their annual convention in July 2008. This award is presented each year to one recipient by NACFC, a group of investment professionals committed to investment and financial planning disciplines centered upon biblical principles. Read more
Answers in Genesis is registered with Guidestar® an organization committed to advancing the transparency of non-profits. Various financial information and 990 tax returns are available to the public through Guidestar.org.