For Dalton and Beverly Reimer, Fresno Pacific has been a home, as has the house they designed and lived in for 44 years.
Today the Reimers are using one home to benefit the other, making a bargain sale of their house to benefit the university. In a “bargain”—or “donative”—sale, a donor sells appreciated property to a charity below fair market value, receiving tax deductions and making a gift of the difference.
“Now having entered the ‘retirement’ season, our needs and capacities have changed,” Dalton said. “Our contribution will go to a long-sought home for the fine arts at Fresno Pacific.”
The Fresno Pacific University Foundation can help you consider ways planned giving can combine tax and retirement advantages with a legacy to Christian higher education.