Monday–Friday 8 am–5 pm CT

Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram

How It Works

  1. You sell property to The Menninger Clinic Foundation for less than its fair-market value—usually what you paid for it
  2. The Menninger Clinic Foundation pays you cash for agreed sale price, and you receive an income-tax deduction
  3. The Menninger Clinic Foundation may use or sell the property


  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • The Menninger Clinic Foundation receives a valuable piece of property that we may sell or use to further our mission

More Information

Contact Us

Kevin Harwerth
Senior Director of Development


The Menninger Clinic
12301 Main Street
Houston, Texas 77035


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The Menninger Clinic is a 501(c)3 nonprofit, charitable organization. Our Form 990 is available on GuideStar. Our Statement of Operations is available hereOur philanthropy Privacy Policy is available here.