- The Savio Realty Ltd. Charitable Gifting Program (CGP) can generate thousands of dollars in contributions for your church, charity, or organization. When a sale closes under this program, the benefiting non-profit organization or charity receives either:
- One-half percent (1/2%) of the sales price of any residential or charitable gifting listing or
- One-half percent(1/2%) of the sales price when buyer purchases a property or
- One percent (1%) of the sales price of a property if it is a Savio Realty Ltd. client buying a participating Charitable Gifting listing.
If your organization wishes to participate in this program you need only advise your staff members and outside supporters of the program's availability. This can be done by letters to your supporters and in your organization's newsletter. We will do the rest. Then, if one of your supporters lists or buys through Savio Realty Ltd., he or she can designate your organization as the recipient of the gift when listed or sold.
The program can also help private businesses meet or exceed their fund-raising goals. Any organization supported or sponsored by a business can benefit when its employees, service providers or suppliers buy or sell real estate under the CGP.
If buying or selling real estate call Savio Realty Ltd. A donor may be able to report his Charitable Gifting donation as a charitable contribution when filing state and federal taxes. Always consult with your CPA on matters relating to taxes. After the property is sold and closed, escrow disburses the funds directly to your organization with a copy of the pledge agreement.