Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to the Museum of New Mexico Foundation and designated to the institutions we support.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate.
- Receive a charitable income tax deduction based on the value of the gift.
- Leave a lasting legacy to the Museum of New Mexico Foundation and designated to the institutions we support.
How to make a gift of real estate
Your real property may be given to the Museum of New Mexico Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to the Museum of New Mexico Foundation. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Contact us
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.
Our Mission
The Museum of New Mexico Foundation supports the Museum of New Mexico system, in collaboration with the Museum of New Mexico Board of Regents and the New Mexico Department of Cultural Affairs. The Foundation's principal activities are fund development for exhibitions and education programs, retail and licensing programs, financial management, advocacy and special initiatives.
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