The CSU Foundation is proud to serve our students and University, helping to ensure that the promise of success and accomplishment becomes reality.
Today’s students will one day join a talent pool and workforce that includes thousands of CSU graduates who have been influencing and advancing society’s collective good for the better part of 50 years.
Turning opportunity into impact
When Rameer arrived at Cleveland State University, he quickly realized that opportunity isn’t something to take lightly—it’s something you...
Your support helps alleviate the pressures that can cause some of our students to simply give up, only a few short steps away from obtaining a college degree.
A door opened, a future changed
College wasn’t always part of Mary Hansard’s plan—not because she lacked ability, but because life never gave her the...
Thank you for investing in our students. Your support is transforming lives, igniting hope and pulling dreams within reach.
Gifts of Real Estate
Transform Property Into Purpose
Consider supporting CSU with a gift of real estate. You can leave your property or the proceeds of a sale through your will or trust—or arrange for a life estate reserved or a bargain sale.
Life Estate Reserved
Deed your home or property to Cleveland State University while retaining use and control of it during your lifetime (and the lifetime of a spouse or heir, if you choose). You agree to maintain the property and pay insurance and property taxes during your lifetime. When you (and any heir named) have passed, your property will belong to CSU to be used or sold for the purpose you designate.
It’s possible to make a gift of property even if it carries a mortgage. You will receive a federal income tax deduction for the value of the remainder interest in your property. If at some point you’re no longer able to live independently, CSU may be able to help you convert your life estate into a lump-sum cash payment or an income stream through a charitable remainder trust or charitable gift annuity.
Bargain Sale
Sell a property to CSU below fair market value and receive cash for the sale while claiming a charitable deduction for the difference between the property’s value and the sale price.
Benefits of a Bargain Sale
- Avoid capital gains tax on your charitable gift.
- Receive a deduction that reduces your tax bill.
- Reinvest the sale proceeds for future income or other goals.
Because relief from indebtedness can have tax implications, please consult your tax advisor before completing a bargain sale.
If you’d like to learn more about gifts of real estate, please contact us. We would be happy to assist you.
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