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Updated about 15 years ago,
Land Donation
Has anyone ever donated land to a charitable organization before via 501(c)(3)? I recently bought a piece of property that is located behind my rental property for 8K with the idea of possible building a four plex on or making carports and charging tenants to use.
The property is long and narrow and is sorrounded by housing on three sides, like the middle of a "U". Someone in the n'hood asked if I'd be interested in donating it to a local university to teach people in the community to grow their own food. iIt would be used as a communtiy garden.
They had also mentioned something about obtaining a property via community land trust?
Anyone have feedback in regards to this? All help is appreciated...