You can eliminate annual management time and expenses such as insurance, real estate taxes, and utilities. You will receive Honorary Life Membership in The Nature Conservancy. You may specify where your gift will be used or leave it unrestricted, allowing The Nature Conservancy to use it where needed most. Many types of properties can be donated to the Conservancy. We accept gifts of single-family homes, condominiums, apartment buildings, farms, office buildings, and vacant lots, to name a few.
Donors can be individuals, partnerships, or corporations.
However, due to the costs involved in evaluating a potential gift and maintaining the property until it is sold, we have set gift minimums depending upon the gift arrangement. If the property has appreciated in value, you can avoid any capital gain taxes that would be due if you were to sell the property. You can donate the property while reserving the right, for yourself or a loved one, to live there for life. Maintenance costs, taxes and insurance on the property continue to be your responsibility. The income tax charitable deduction is based upon the age of the life-tenant, the value of the property and the home, among other factors.