Donating land to HWLC is a perfect way to leverage a natural resource to conserve significant land for future generations. It is also a way for you to receive tax benefits on the appreciated value while avoiding capital gains taxes that may result from sale of the property. HWLC accepts gifts of land to be conserved in perpetuity or gifts of property to be sold and the proceeds spent on local land conservation.
A donation of land is one of the greatest gifts for future generations.
HeadWaters Land Conservancy knows that landowners have a deep connection to their land. Your gift can provide your community with clean air, water, food supply, wildlife habitats, and places for recreation, reflection and pure scenic beauty.
Don’t let your special place disappear forever because of development. Your contribution can have a lasting and permanent effect in our community. In addition, HWLC is a tax-exempt corporation so designated by the Internal Revenue Service. In almost all cases, donations of land or easements and bargain-sales yield important tax advantages (income, estate and property) to donors. Please refer to the specific sections for more detailed information.
HWLC is here to help you find the right solution to fit your financial needs and the needs of your family while conserving your land in the most appropriate way. Donating land for conservation purposes is one of the finest legacies a person can leave.
Land donation may be the best strategy for those who:
- Believe in conserving the natural beauty around us and in our community
- Do not wish to pass the land on to heirs
- Own property but no longer use it
- Own highly appreciated property
- Have substantial real estate holdings and wish to reduce estate tax burdens
- Would like to be relieved of the responsibility of managing and caring for land
Land donation may provide substantial income tax deductions and estate tax benefits. Although HWLC focuses on preserving open space, commerical or residential property might also be donated, with the understanding that the property would be sold to support future conservation efforts.
The tax benefits from any donation depend greatly on your individual tax situation. Please consult with your tax advisor for a complete analysis of how a donation to the HWLC would affect your taxes.
Donations to HeadWaters Land Conservancy, a 501(c)(3) nonprofit organization, are tax-deductible to the fullest extent allowed by law.