A gift of real estate to the Rancho Santa Fe Foundation could be the most significant charitable gift you may ever make.
Considerable wealth is held in real estate, giving this asset significant charitable potential; however, the complexities, costs, and liability issues surrounding gifts of real estate have typically restricted its use.
The Charitable Real Estate Fund (CREF), which gains public charity status by virtue of its affiliation with the Rancho Santa Fe Foundation (Foundation), is managed by a separate board of directors comprised of local leaders in the real estate profession, who may also serve on the Foundation’s Board of Directors. The CREF Board oversees the process that converts commercial and residential property into charitable dollars. Each potential gift of real estate is unique and will be evaluated on a case-by-case basis according to the policies and standards set forth herein.
As a sophisticated investor, perhaps you own one of any number of types of real estate that might be used to fund your charitable goals… perhaps into future generations.
What is the Charitable Real Estate Fund (CREF) at the Rancho Santa Fe Foundation?
- The CREF is a Type I Supporting Organization of the Rancho Santa Fe Foundation
What does that mean?
- The CREF is a separate legal 509(a)(3) entity (Tax ID # 32-0194805) that exists through an affiliation with the RSF Foundation.
- The CREF has been established to accept charitable gifts of real estate from donors that will provide a charitable deduction to the fullest extent of the law.
Who can donate to the CREF?
- Anyone who is the legal owner of the property may donate real
estate to the CREF
What is the minimum appraised value of a donated property?
What guidelines are in place to govern a donation of real estate to the CREF?
3/20/08
Homes and second homes 
