PHILANTHROPY FACTS
Philanthropy Facts
In 2015…
- All Charitable Giving equals ~ $373 billion
- Real Estate comprises ~ 45% of wealth in America
- But…Real Estate comprises less than 3.0% of Charitable Giving
Evidence that most real estate is too difficult for most non-profits to accept as gifts
- • too risky
- • too complicated
- • too little expertise
- • too many bad experiences
- • too often encumbered with debt (often prohibited by IRS)
As a result, few non-profits have proactive programs or a staff trained to seek high quality real estate gifts…the largest asset category in America
Here are some useful links to articles on philanthropy and the topic of real estate donations.