Planned Giving at RWJBarnabas Health
Planned giving is a set of thoughtful and strategic charitable gift opportunities designed to impact the future of RWJBarnabas Health. To learn how you can make a difference, often with personal advantages, please select your preferred facility from the icons below.
Charitable Bargain Sale
How It Works
- You sell your residence or other property to Barnabas Foundation - LANDING PAGE for a price below the appraised market value—a transaction that is part charitable gift and part sale.
- Barnabas Foundation 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.
Next
- More details on Charitable Bargain Sales.
- Frequently asked questions about Charitable Bargain Sales.
- Contact us so we can assist you through every step.