Real Estate & Asset Management Department coordinates with University Advancement and the Office of Planned Giving for gifts of both real estate and personal property to the University of Southern California. The university can accommodate many types of real estate gifts including out-right gifts, partial interests and restricted gifts such as life estates. Personal property gifts may include cars, boats, artwork, and other items of value.
There are two broad categories that gifts are generally made under: gifts that will be used by a school or department; and gifts that are to be sold. Both cases require that proper due diligence be done and steps taken to meet the university’s acceptance process prior to the university accepting the gift.
Generally, donations to the university are fully tax-deductable. The university is a non-profit, public-benefit organization and so gifts and donations to USC are considered charitable contributions. The Real Estate & Asset Management Department tries to accommodate all gifts, but some donations cannot be accepted. Additionally, each donation has particular tax guidelines to follow. Donors should contact their tax advisor or tax accountant when inquiring about their individual tax consequences.
For more information regarding types of gifts, the gifting process and donor requirements, please contact Claudia Macieira at email@example.com or (213) 821-6312.
For additional information about ways to give to the university, please access the following links:
University Advancement: https://www.usc.edu/giving/ways/
Planned Giving: http://usc.plannedgiving.org/