Turn Your Real Estate Into Lifetime Income,
Avoid Capital Gains Tax and Help Cure Cancer

Use this checklist to see if transferring real estate to a charitable trust is a good option for you. Would you like to:

If you answered “yes” to any of these questions, transferring your property to a charitable trust may be your answer.

A mockup showing a brochure layout for City of Hope. The cover features an aerial photograph of a tractor in a green field, with the title 'Sell Your Property, Avoid Capital Gains Tax and Receive Lifetime Income.' The brochure is shown partially open, displaying internal pages with text and financial tables in blue and white color scheme.
Use the form on this page to request a complimentary example of your benefits. City of Hope®’s Planned Giving staff are experts in facilitating the process for you.

Example: Charitable Remainder Trust vs. Outright Sale Comparison

OUTRIGHT SALE CHARITABLE REMAINDER TRUST
Sales Price $4,000,000 $4,000,000
Sales Cost (5%) ($200,000) ($200,000)
Net Proceeds $3,800,000 $3,800,000
Estimated Capital Gains Tax ($983,970) -
Sale Proceeds $2,816,030 $3,800,000
Charitable Income Tax Deduction - $1,225,480
Net Annual Income - $190,000
The figures contained herein are for illustration purposes only and should not be considered legal, accounting or professional advice. Your actual benefits will vary depending on several factors, such as age, cost basis and current property value, the state in which the property is located and timing of funding a Charitable Remainder Trust. Please contact us for a no-obligation, complimentary consultation.

Honoring Lifetimes of Work With a Legacy to Help Cure Cancer

The story of Michael Thomas’ gift to City of Hope starts more than 100 years ago, when his great-grandfather purchased 80 acres of farmland. His great-grandparents gave 20 acres to his grandparents to help fund his father’s education.

Today, Thomas grows organic walnuts and blueberries on 360 acres, some of which includes land from the original farm. While the farm has been passed down through four generations, Thomas did not have a son to carry on this tradition. Instead, by gifting some parcels of his farm to fund charitable remainder trusts that benefit City of Hope, Thomas will receive significant tax benefits and create a legacy of hope and healing that honors his family and his own hard work, while creating lifetime income for himself and his family members.

In entrusting his life’s work and legacy to City of Hope, Thomas needed to have confidence in City of Hope’s ability to see his vision through. He found that working with Michael Rorman, one of City of Hope’s experts on planned giving and real estate gifts, gained his confidence. “Sometimes a succession plan doesn’t work out as we would hope. It was a hard decision, but I feel great about donating property to a charitable trust benefiting City of Hope, knowing that my life’s work is going to be reflected in something so important and meaningful and good for the world.”

What is a Charitable Remainder Trust?