A business owner who contributes closely held stock to Deerfield 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 Deerfield for cash. This not only enables the donor to retain complete control over the company but also makes cash available to Deerfield for its current needs. As long as Deerfield is not obligated to sell the stock to the corporation, the transaction should produce no adverse tax results.
Request an eBrochure
Which Gift Is Right for You?
Contact Us
|
Rachel Moore, Senior Philanthropic Advisor & Director of Gift Planning Jessica Remillard P’26, Planned Giving Coordinator Email: plannedgiving@deerfield.edu |
Deerfield Academy |
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer
Rachel Moore, Senior Philanthropic Advisor & Director of Gift Planning
Jessica Remillard P’26, Planned Giving Coordinator
(413) 774-1584
Deerfield Academy
Office of Advancement
7 Boyden Lane
P.O. Box 306
Deerfield, MA 01342
plannedgiving@deerfield.edu
7 Boyden Lane, Deerfield, MA 01342
NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS: Deerfield Academy admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.
© Copyright The Trustees of Deerfield Academy Privacy Policy. Designed and developed by Underscorefunk Design in partnership with Deerfield Academy.