SYSTEMS AND METHODS FOR ENABLING CHARITABLE CONTRIBUTIONS FROM PROPERTY
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United States of America Patent
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N/A
Issued Date -
Aug 30, 2007
app pub date -
Oct 25, 2004
filing date -
Oct 24, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Systems and methods that provide new methods of charitable giving that increase the flow of contributions from donors to charities. In this way, the present invention helps many charitable causes that are desperately in need of financial support. Most wealth is in real estate, and the new form of charitable giving in accordance with the present invention allows individuals and companies to donate a donor-selected portion of this illiquid asset. A charitable giving liaison organization, in some cases in partnership with an investment bank or any other third-party investor, provides the service to transform this illiquid real estate donation into a liquid donation for the charities and the donors. The charitable giving liaison organization may be a for-profit organization.
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