Gifts of Other Assets
Do you have substantial retirement assets, real estate, or personal property? And do you want to provide significant benefits to the Garden, while at the same time minimizing your tax burden? If so, consider donating these assets to the Garden. The appreciation of real estate assets in recent years has increased interest in gifts of real estate as a way of avoiding the high capital gains taxes and brokers’ fees often associated with selling such assets.
Retirement assets are also a common gift, allowing donors to cut down on estate taxes.
Gifts of personal property can be another attractive option, enabling donors to give the Garden an item that has both real and personal value, thereby earning a tax deduction and furthering the Garden’s mission. Personal property valued over $5,000 requires a certified appraisal. The Garden requests the appraisal be paid for by the donor.
The Santa Barbara Botanic Garden fosters the conservation of California's native plants through
our gardens, research and education, and serves as a role model of sustainable practices.
Santa Barbara Botanic Garden, Inc. is a nonprofit 501(c)(3) organization.
Our Tax ID number is 95-1644628.