along with our charitable fees and the donation's unique attributes. Below these gifts is a list of additional non-cash donation referrals and current cases. Like all charities, Dechomai charges fees for accepting, managing, liquidating and distributing non-cash gifts. Unlike other charities, however, Dechomai does not retain the proceeds indefinitely, nor does Dechomai receive operating contributions from any other source and therefore must charge its charitable administrative fee up-front. The fees cover our marketing, legal, accounting, administrative and processing costs attributable to the individual gift as well as general overhead for the Foundation. We are proud that these fees have averaged only 2.2% since our inception on an average gift size of $2.3 million (median gift is $1.4 million). Two Paintings Value: $450,000 Charitable Fee: 2.4% Unique Attributes: Related-use tax issues, holding period of two days, sold at Sotheby's auction, auction price was exempt from sales tax since Dechomai filed appropriate charitable paperwork with New York City. Professional Sports Franchise, LLC Value: $1.4 million (partial interest) Charitable Fee: 3% Unique Attributes: Unrelated business taxable income issues, sold one month after transfer. Two Vacation Homes Value: $800,000 Charitable Fee: 2.8% Unique Attributes: Outright ownership, both sold within 45 days. Southwest Raw Land Value: $10 million Charitable Fee: .9% Unique Attributes: Outright ownership, expected holding period of four months, coordinated with charitable remainder trust donation. Real Estate General Partnership Value: $200,000 Charitable Fee: 7.5% (the minimum $15,000 fee at that time, now minimum is $10,000) Unique Attributes: Liability associated with general partnership, apartment complex, sold two days after receipt. Limited Partnership with Real Estate Value: $850,000 Charitable Fee: 2.8% Unique Attributes: One week holding period. Seat on a Financial Exchange (facilitated in 2003) Value: $1.4 million Charitable Fee: 2.0% Unique Attributes: Prohibition against charitable transfers, worked with General Counsel for three months to change Exchange's membership agreement, seat was sold one day after receipt. Sample Asset Referrals and Current Non-Cash Cases
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| Dechomai Foundation, Inc. |