b'Donations of Real EstateMaking a charitable donation of real estate is a convenient way to avoid realizing capital gains on appreciated property. However, donors looking to make these kinds of contributions must be mindful of the following considerations when working with CAF America, depending on the intended advice for our treatment of the donation:When CAF America Is Granting the PropertyMany donors want to gift their property to a foreign charity, and CAF Americas complex asset program is a fitting way to support those wishes while providing full deductibility. When we are advised to grant property, we consider the following:The grantee must pass an Equivalency Determination review conducted by CAF America before we accept the donation. This means that we must be able to make a good faith determination that the grantee would otherwise be considered a public charity in the United States, and involves an intensive review of governing documents, financial statements, and other core information provided by the grantee.Not only must we comply with US rules and regulations around granting to non-US entities, but we must follow laws in the grantees country that govern gifts from foreign entities. This has the potential to complicate timelines and can lead to extensive legal reviews.When CAF America Is Liquidating the PropertyOften, donors want to make gifts of real estate located either in the US or overseas, and then advise that we sell it and use the proceeds for charitable purposes. In this situation, the following considerations apply:The property must be readily marketable. We will not accept donations of property that we cannot reasonably find a buyer for.We strive to avoid situations that could be considered a pre-arranged sale. The donor will be required to confirm that they have not made any arrangements (written or otherwise) with the eventual buyer. While we seek buyers for the property before the donation is made, this search is done in CAF Americas name and we do not represent the donor whatsoever.While donors may want to see a certain liquidated value from the sale of their donated real estate, we cannot guarantee a specific dollar amount to charity. The donors deduction is determined by the appraised value of the property at the time of donation.PAGE6|Donating Complex Assets'