Supporting local charities is now easier with the launch of a new website – the Real Estate Foundation of San Luis Obispo County. Now charitable donors, financial advisors, and nonprofits can discover how easy it is to make gifts of real estate to deserving organizations by visiting www.realestateslo.org. "Up to now, only two percent of the gifts given to charities were made in the form of real estate," explained Barry VanderKelen, vice-president and treasurer of the Real Estate Foundation of San Luis Obispo County. "That’s because the legal complexities and risks involved made charities reluctant to accept land and real estate donations. We’re here to simplify and facilitate that process so that more people can donate land, either improved or unimproved, and everyone can benefit."
The website divides visitors into three categories: a person who would like to donate real estate, a professional advisor who assists clients with their finances, and a nonprofit organization that might be offered gifts of real estate. Visitors are then guided through the process in a "How It Works" section, and the various types of gifts are described. "We are delighted to be providing this important service that will expand charitable giving in untold ways," said VanderKelen. "And we’re excited to see the response to this new website. The benefits of giving real estate are many, and we believe it will open doors for everyone." The Real Estate Foundation of San Luis Obispo County is dedicated to assisting nonprofit organizations, along with donors and professional advisors, to move through the complicated process of donating real estate to charity. Visit www.realestateslo.org for more information. The Real Estate Foundation of San Luis Obispo County is a separate public benefit corporation formed by the San Luis Obispo County Community Foundation.
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