Planned Giving

Charitable Bargain Sales

You sell your residence or other property to Bob Jones University Museum & Gallery* for a price substantially below the appraised market value, resulting in a transaction that is part charitable gift and part sale.
BJU M&G* usually elects to sell the property and uses the net proceeds of sale for the purpose or purposes you specify.

You receive an immediate income tax deduction for the appraised market value of the portion of the property you donated.
You pay no capital gains tax on the donated portion of the property.
You can receive cash from the sale portion to retire a mortgage or for other purposes.
You can have the satisfaction of making a significant gift to BJU M&G* during your lifetime.

You want to use appreciated property, including securities, your home or other real estate as a gift asset while retaining some of its value for your personal needs.
You are willing to sell your property to us for an amount below its fair market value.
You are looking for a gift plan that can reduce your capital gains liability, generate a charitable deduction, and give you cash for your property.
You can also use a charitable bargain sale to transfer appreciated securities or other assets to us.