Homes, vacation homes and other properties hold memories of a family’s past. But they also can be used as philanthropic tools to help improve the future through medicine.
These properties are often among a person’s most valuable assets, and there are many creative ways to leverage their worth to support medical research and education at IU School of Medicine. Donating a home, farm or other real estate may be especially appealing for those who are planning to downsize or when changing life circumstances require a new living situation. But moving isn’t required to donate your home, as some giving mechanisms allow donors to continue living in their home long after they gift the property.
As with all gifts to IU School of Medicine, a donor may decide what the contribution will support. For instance, a gift of real estate may be used to establish a scholarship for a worthy medical student, fund the activities of a brilliant scientist or physician, or fuel research related to a specific disease.
Gifts of real estate to benefit the IU School of Medicine are made through the Indiana University Foundation. Gift planning experts are available to work with donors and their representatives to help achieve philanthropic goals — and to ensure the gift serves as the spark intended to ignite innovation in medical education and research.