California Lutheran University purchases your property for less than fair market value. You receive the cash and a charitable deduction for the difference between the market value and purchase price.
How It Works
You sell California Lutheran University your property for a price less than fair market value. You receive the cash from the sale and a charitable deduction for your gift to Cal Lutheran (the difference between the market value and purchase price). While you may owe some tax on the amount you receive from Cal Lutheran, the charitable deduction from your gift could offset your taxes this year.
Benefits of Your Gift
- Avoid capital gains tax on your charitable gift
- The deduction from your gift will give you valuable tax savings that may reduce your tax bill this year
- With the cash received from the sale, you may then reinvest to create more income for your future
CLU Annual Fund
The CLU Annual Fund allows you to support the University's growth and consistent high-quality education.
A Cal Lutheran education changes lives. When you support student scholarships you can change lives too.
Leave a lasting legacy through special gifts that are specific to your interests.
Planned gifts, such as bequests and annuities, can be a wonderful way to provide for your family's future as well as the future of Cal Lutheran.