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Richard C. Peck Consulting, LLC & The Philanthropy Guy, LLC


Providing consulting and educational services to nonprofits, donors, and professional advisors related to impactful charitable giving

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Charitable Giving Newsletter

10/25/23 Edition


In This Week's Issue:


Getting "Real" about Real Estate Giving!


Weekly Tips for Nonprofits, Donors, and Professional Advisors

Getting "Real" about Real Estate Giving!

Is this all for REAL?


You have probably read about me banging the drum (and I am a drummer) that too many people give away cash as their preferred asset. In fact, it is one of the smallest slices of the average American's asset pie. Ironic, right? In fact, real estate comprises almost 40% of Americans' asset types (second only to retirement plans, which is only slightly higher). But, strangely, only about 2% of gifts are donated in the form of real estate. Why is that? Well, I have three hypotheses: 1) nonprofits don't advertise such gifts because they are very afraid they will be way too complicated to receive; 2) nonprofits feel that they will have to do all the due diligence and handling themselves; and 3) donors and potential donors are not advised (far enough in advance of deciding how to dispose of such assets) that donating real estate is even an option for them. If donors know what their options are, and nonprofits feel they don't have to vet and process the real estate gifts themselves, I believe there will be an explosion of real estate gifts! It is already changing for the better.

Bruce and Jay: Realty Gift Fund


When I met Bruce (left) and Jay (right) and learned of their business model, I wondered why more people had not heard of them! They are solely focused on accepting all kinds of gifts of real estate---masterfully conducting due diligence, handling all of the heavy lifting, and then, sending the net proceeds to the nonprofit. And, impressively, they processed more than 35 gifts in one year---with an average donation value of $640,000! And, that average value just keeps going up. Get to know the amazing Bruce and Jay! See their summary and video here:

RGF Realty Gift Fund | Charitable gifts of real estate

A Tip for Nonprofits: Can donors, potential donors, and professional advisors even FIND your website to support your cause? There is something called "Search Engine Optimization," or SEO, that can help you "be found" as it relates to a web search. Read more here: SEO for Nonprofits: 7 Tips to Amplify Your Online Presence (semrush.com)

A Tip for Donors: Did you that donations of publicly traded securities to private foundations are valued at their present fair market value, but that donations of privately held stock and other real estates are only valued at cost basis (e.g. what you paid for it)? See if a private foundation is best for you---against a donor-advised fund, for instance...scroll down in this link here for a sample comparison chart: Donor Advised Funds - TBF

A Tip for Professional Advisors: Sadly, there are (at least) TEN mistakes that advisors make as it relates to charitable giving. I am speaking today on the topic along with Theresa Curry of the University of Massachusetts Foundation. If you cannot catch it live, see if you can catch the recording and avoid these preventable errors! This talk is sure to be full of insightful cautionary tales, and you don't have to be a UMass alum (like I am) to participate. See the details here: UMass Lowell Alumni Online Community - Webinar: Ten Common Charitable Giving Mistakes Made by Donors or Their Advisors (uml.edu)

Sometimes those who give the most are the ones with the least to spare."

~Mike McIntyre

Richard C. Peck Consulting, LLC and The Philanthropy Guy, LLC

About Rick

69 Mulberry Street, Unit 2

Concord, New Hampshire 03301

+1 (603) 387-3897


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