In-Kind Donations and Charitable Gifts of Real Estate

 

Services for Universities, Endowments and Non-Profits

 

Farmers National Company assists in facilitating the acceptance of

in-kind gifts of real estate and oil and gas properties through the following processes...

 

Accepting and Processing the Gift  ·         Develop gift acceptance policies ·         Verify asset meets IRS guidelines ·         Due diligence research ·         Physical inspection ·         Environmental risk study ·         Verify evidence of clear title ·         Appraisal - set value	Selling the Asset  ·         Auction or private sale ·         Market analysis to determine listing price ·         Prepare fact sheet brochure ·         Conduct a professional marketing campaign ·         Mail brochures to prospective buyers ·         Negotiate sale terms ·         Facilitate the closing
Accounting  ·         Process revenue and expenses ·         Annual reports for income tax preparation ·         Internet reporting available ·         Ad Valorem tax payments ·         Purchaser notifications	Administration  ·         Leasehold management ·         Lease valuation and negotiation ·         Operator selection ·         Livestock and crop analysis ·         Oil and gas production analysis ·         Systematic property review and reporting ·         Review insurance coverage

  

Farmers National Company, an employee-owned company,

is the nation's largest farm management, real estate, and

mineral management firm with a focus on institutions.

 

Experience

·         Since 1929, Farmers National Company (FNC) has managed and sold properties for institutions, banks, and individuals.

·         We are proud of our long-term client relationships. Over 1,500 clients have been with FNC for 25 years and more than 300 clients have been with FNC for over 50 years.

·         Our company has 150 employees plus 100 real estate agents.

·         1.2 million acres of real estate in 20 states are currently under FNC management by 65 professional farm managers.

·         Our mineral management team includes 20 oil and gas professionals including Certified Mineral Managers, Division Order and Title Analysts, Petroleum Engineers and Certified Professional Landmen.

·         FNC manages over 25,000 oil and gas properties in 32 states.

·         FNC's real estate brokers represent clients in over 550 farm sales each year as well as agribusiness sales and rental house sales.

·         Our State-Certified Appraisers can conduct valuation assignments nationwide.

·          Additional services include commodity marketing, property insurance, consultations, and conservation and recreational services.  

  

For more information on Farmers National Company and our services, please  

contact Angie White at (630) 271-8122, or awhite@farmersnational.com.