Charitable Bargain Sale

Bargain Sale Diagram

How it Works

  • You sell your residence or other property to University Hospitals for a price below the appraised market value — a transaction that is part charitable gift and part sale.
  • UH may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.

Benefits

  • You receive an immediate income tax deduction for the discount you took from the appraised market value of your property.
  • You pay no capital gains tax on the donated portion of the property.
  • You can receive payment from us in a lump sum, or in fixed installments.

Next


To find out more about how you can
make a difference at UH, contact us:

216-983-2200
UHGiving@UHhospitals.org

University Hospitals
11100 Euclid Avenue,
Mailstop MCCO-5062,
Cleveland, Ohio 44106.