There are many ways of making a charitable gift of real estate that can provide substantial financial benefits to you and your loved ones.  Through the years the Institute has been the beneficiary of several special gifts of real estate.  Professor Einstein's historic 19th century house was left to the Institute by his daughter, and that house is now the home of a Faculty member in the School of Natural Sciences.

The generosity of Harold K. and Mary Marquand Hochschild provided the Institute with a gracious guest house and a site for important gatherings.

You may make an outright gift of property that will both fund a special project and provide you with a charitable income tax deduction for the fair market value of your donated property. Or, you may use a home or land you no longer want or need to fund a life income arrangement that will make payments back to you or to a beneficiary.

You may leave your home to the Institute through your will, or you may consider donating it now, but retain a life interest in the property - the right to live in it for your lifetime.  Use our Gift Calculator to see how a retained life estate would work for you.

Several donors have chosen to make a partial gift of their homes through a bargain sale - a sale to the  Institute at a greatly reduced cost, thus providing both cash for the donors as well as a substantial charitable income tax deduction.

To discuss the tax and other benefits of making a gift of real estate contact:

Peggy Jackson
Planned Giving Officer
Institute for Advanced Study
Einstein Drive
Princeton, NJ 08540
Telephone: 609.951.4612
email: