Donating property to the Texas A&M Foundation provides tax advantages while relieving you of the day-to-day responsibilities of property ownership. It also will establish your legacy at Texas A&M to fuel the spirit and mind of current and future Aggies.
The Texas A&M Foundation accepts multiple types of property for the benefit of Texas A&M, including residential, commercial, farm and ranch land, forest land, and oil and gas interests.
You can give property to the Foundation in four ways:
By donating property to the Foundation, you avoid marketing the property and the capital-gains taxes triggered by its sale. Leaving property to heirs can create an estate-tax liability and could force the sale of other assets that might otherwise appreciate. Depending on the gift method you choose, you could also receive a significant charitable income-tax deduction and/or an increase in income.
The Texas A&M Foundation evaluates all potential gifts of real estate for marketability and potential environmental concerns. We ask donors to supply detailed information on the property before accepting the gift.
Read more about gifts of real estate to the Foundation in our brochure.