Highly appreciated real estate can be a tax burden. Donating the property to PSU can bring tax advantages similar to that of donating appreciated securities. If you have owned the property for at least one year before giving it to PSU, you could earn a charitable deduction equal to the full fair market value, less any outstanding mortgage. The property is also removed from your taxable estate.

Options exist that allow you to give your home to PSU and continue to live in it or to derive a lifetime income from your property.

Tangible Personal Property
A donation of personal property directly related to PSU's mission is often fully tax deductible at its fair market value. Gifts not related to PSU's mission are deductible based on what you paid for the item. This is called a cost basis deduction. If you are interested in giving PSU some personal property, a PSU Foundation or PSU representative can help you sort out the differences.

You may donate other personal property to PSU, including mortgages, notes, copyrights, royalties, partnership interests, closely held business interest, undivided interests in property, future and partial interests, and other liquid financial assets.

For more information on donationg real property, please contact Becky Hein, Chief Financial Officer, at 503-725-5881