As a donor, you can deed any real estate property that you own, such as a house, a farm, a commercial building, an apartment complex or an investment property to the Missouri Institute of Natural Science.  The Institute and its Museum has two options to benefit from such a gift: we can either sell it and use the sale proceeds to fund our operations in any way we see fit or we can retain the property for any period of time for our own use, for its own purpose, or to await a more beneficial time to sell the property.

Unlike for a cash gift, you will receive an income tax deduction only for the current fair market value of the real estate, regardless of the original purchase price for which the property was acquired.  The benefit of such a gift is that you pay no capital gains tax on the transfer.  If you so desire, you may direct the proceeds of your real estate gift to an activity or program of the Missouri Institute of Natural Science and its Museum.