The Lawrenceville School
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Steve Cushmore
Director of Planned Giving
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Charitable Bargain Sales


How It Works

You sell your residence or other property to Lawrenceville for a price substantially below the appraised market value, resulting in a transaction that is part charitable gift and part sale.

Lawrenceville usually elects to sell the property and uses the net proceeds of sale for the purpose or purposes you specify.

Benefits

  • You receive an immediate income tax deduction for the appraised market value of the portion of the property you donated.

  • You pay no capital gains tax on the donated portion of the property.

  • You can receive cash from the sale portion to retire a mortgage or for other purposes.

  • You can have the satisfaction of making a significant gift to Lawrenceville during your lifetime.

More


FOR MORE INFORMATION

If you are considering a charitable bargain sale, email us, complete the personal illustration form, or call us at (609) 620-6064 so that we can assist you through every step of the process.


The Lawrenceville School
Office of Planned Giving
2500 Main Street, Hogate Hall or
PO Box 6125
Lawrenceville, NJ 08648
(609) 620-6064 | Fax: (609) 895-2148
E-mail: scushmor@lawrenceville.org