REAL ESTATE PROGRAM

The Basin Wide Foundation is primarily funded through its real estate program and has a committee dedicated making real property donations work toward the mission of the Foundation, including the California Welcome Center, the Youth Sports Park, Desert Regional Tourism Agency, Sky’s the Limit, ongoing support services to the various member non-profits throughout the community and this monthly breakfast meeting.  A tax deductible donation of real property to the Basin Wide Foundation can go a long way toward a better future for the youth, economic, social and cultural programs in our community. For more information contact Executive Director Kelly Carson at (760) 365-7219 or email at info@basinwidefoundation.com

Acquiring Property

The Basin Wide Foundation seeks to acquire property that can be sold to help support the mission of the Basin Wide Foundation.  A potential donor shall provide detailed property information including:

  1. Assessor Parcel Number
  2. If available, information and copies of documents regarding the property that the Donor is aware of. (i.e. maps, title reports, grant deeds, etc.)

This information shall be provided to the Executive Director which will be reviewed by the Real Estate Committee prior to being brought to the Board for acceptance.  In addition to information provided by the donor, the Real Estate Committee will assist the Executive Director in performing other due diligence on the property (i.e. visual inspection, comparable sales report, natural hazard report, preliminary title report, etc.)

Upon approval of acceptance by the Basin Wide Foundation Board, the Executive Director will prepare a letter of acceptance to the donor with the assessor’s parcel number for accounting and tax purposes.  The Basin Wide Foundation will not provide an appraisal or other valuation estimates to establish value for donor tax purposes.  Nor shall the Basin Wide Foundation or any designee provide a recommendation of appraiser, accountant, attorney, or other service professional.  It is the responsibility of the donor to contact a tax accountant, appraiser, attorney or other professional as necessary for the transaction.

The Basin Wide Foundation shall not pay a referral fee for donations.



E-mail address - info@basinwidefoundation.com
Web Page - www.basinwidefoundation.com


 

 

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Last Updated: Saturday, October 31, 2009