Planned Giving

  201-833-3014    |      cdavey@holyname.org

Real Estate—Outright Gift

You receive a charitable income-tax deduction for the full fair-market value of the unencumbered real estate. You may apply the deduction up to 30% of your adjusted gross income—in the year of the gift—with the five-year carryover provision. You avoid capital-gain tax on the appreciation you have in the property, and there are no gift taxes. Because you have removed the property from your estate, you may also reduce your estate taxes.

Contact Us

Cathleen Davey
President, Holy Name Foundation
Vice President for Development, Holy Name
201-833-3014
cdavey@holyname.org

Holy Name
718 Teaneck Road
Teaneck, NJ 07666

Federal Tax ID Number: 22-2737143

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