REAL ESTATE DONATIONS
WOUB
Real Estate Program
As a member station of both NPR and PBS, WOUB Public Media is a trusted source of news, local content and educational resources that have proven to be worthy of the time, effort and support of our users. WOUB, an experiential-learning unit of the Scripps College of Communication at Ohio University, is a non-profit, community-supported multimedia organization which provides online and broadcast services, along with non-broadcast educational services and student professional development. WOUB serves 55 counties throughout southeastern Ohio, western West Virginia and eastern Kentucky with its broadcast signals. WOUB Radio's FM Network has transmitters in Athens, Chillicothe, Ironton, Zanesville and Cambridge, while WOUB AM serves the immediate Athens area. WOUB TV is made up of seven television channels (WOUB HD, WOUB Classic, WOUB World, WOUB Create, WOUB Ohio, WOUB Kids and WOUB Voicecorps Reading Service) which are broadcast from two transmitters.
About Real Estate Donations
WOUB partners with CARS (Charitable Adult Rides & Services) to process donations in the form of real estate assets. Properties in any location, condition, and format are eligible for donation to WOUB. Back taxes, mortgage balances, and deferred maintenance do not prohibit your ability to donate. Our program covers all loans, liens, commissions, and closing costs so long as there is equity in the property.
If you have a land, residential, or commercial real estate asset that is unused or costing you money, consider giving back to the station you love by donating it to WOUB. As a result, you may also be eligible for a significant tax deduction!
How it Works
Start
Step 1
SUBMIT
Understand Your Scenario
Property Information Submitted
Step 2
EVALUATE
Review the Valuation, Liens, Condition, Closing Costs
Donation Purchase Contract Finalized
Step 3
SALE
Identify the Best Sale Method and Go to Auction
Nonprofit-Buyer Purchase Contract
Step 4
CLOSING
IRS Forms Sent, Appraisal, Proceeds to Nonprofit
Deed Recorded
