Front diagonal view of Mission House

Legacy Giving

Closely Held Business Stock

A business owner who contributes closely held stock to The Trustees will be allowed a charitable deduction for the fair-market value of the stock. An additional benefit is that the donor will escape the potential capital-gain tax on any appreciation in the value of the stock.

Subsequent to the gift, the corporation could purchase the stock from The Trustees for cash. This not only enables the donor to retain complete control over the company but also makes cash available to The Trustees for its current needs. As long as The Trustees is not obligated to sell the stock to the corporation, the transaction should produce no adverse tax results.

More Information

Contact Us

Julie Lazarus
Senior Planned Giving Officer
978-338-1172
jlazarus@thetrustees.org

 

The Trustees of Reservations
200 High Street, 4th Floor
Boston, MA 02110

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