Benefits of Donating Real Estate to Non Profit/501c3 Org?

[Ibrahim Hughes]

Hi All.  There is a dilapidated and inactive/vacant building being foreclosed on by the City where I help run my youth mentoring group. I want to reach out to the owner and see if he will donate the building to my organization (which is 501c3  ).  We could use a permanent home that would allow us to expand our services to the youth and families we serve .  What are the tax and other benefits for him donating the building to us?  It looks like he owns the building free and clear.  Thanks in advance BP family!