Using Real Estate to Provide for Income

This is an ideal solution for real estate that has grown in value and for which the mortgage has been paid.  This is a way to lessen the hassles of ownership while supporting the Lord’s work.  A person may own a second home, vacation property, farm, acreage, or other property and no longer wish to use it or manage it.  Rather than sell and contribute the proceeds to ministry, an outright gift of the real estate to a charitable trust will provide additional income for life or a term of years and support the Lord’s work.  Consider supporting your favorite EFCA ministry or ministries through gift to a Charitable Trust.  This trust would serve to help meet your lifetime needs and stewardship desires.

The Benefits

In addition to providing a great gift in support of a ministry important to you, you also gain income for you and other(s), an immediate charitable tax deduction, avoidance of capital gains tax on the growth, release from the hassles of property management, and investment expertise and diversification.

Typical Donor: A person with charitable intent and the ability to gift mortgage-free real estate assets to a trust.  Normally, the donor secures an income stream either for a number of years or for life and ministry receives a gift when the trust matures.

Contact Us:   For personalized illustration, please email foundation@efca.org or call toll free 800-995-8578.