Gifting Real Estate
Gifting real estate to the Mississippi State University Foundation benefits MSU students and enables the university to grow and thrive, while also providing benefits to the donor. Mississippi State's mission of teaching, research and service drives everything we do. By striving for excellence in each of these areas, we help our students – the future of our nation – achieve excellence.
Bulldog Properties was created to assist individuals in making a gift of land or other real estate to the university to help us reach our goals. Properties donated through this program will be liquidated upon receipt, and funds will be used to support the university programs that are of greatest interest to the donor. The donation of real estate is an excellent option when a gift of cash is not optimal.
Real Estate Gifts
Real estate gifts entitle the donor to the same tax benefits as gifts of cash or securities, provided the real estate has been owned more than one year and there are no debts payable on the property. These gifts also generate substantial estate tax savings by removing a typically high value asset from the donor's estate. All real estate gifts are subject to acceptance by the MSU Foundation Real Estate Team.
"MSU has meant a lot to our family. I hope our gift of property to the university will encourage other alumni to consider giving in the same way."
– Allan Tucker
If Allan and Barbara Tucker look familiar, you've probably seen them at an MSU sporting event. The Tuckers are enthusiastic Bulldog fans both on the field and in the classroom.
Through their gift of agricultural land in northeast Arkansas, the Tuckers have funded scholarships in areas that are dear to their hearts – athletics and academics. In the College of Agriculture and Life Sciences, they have endowed a significant fund for student agricultural economics scholarships. Additional proceeds from the land will support the MSU Bulldog Club.
The Tuckers purchased the Arkansas property years ago as an investment. Today their grown children are spread out across the country, and the Tuckers didn't want to burden them with the management of property far from their homes. The gift to the MSU Foundation provided a tax benefit to the couple as well as relief from the burden of ownership their children would have had.