Business Interests – Gifts of Closely Held Stock |
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How It Works
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You give shares of closely-held
stock to Northeastern University. |
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Northeastern offers the stock back to your company for redemption or re-purchase and uses the proceeds for its programs. |
Benefits
- You receive gift credit and an immediate
income tax deduction for the appraised value of your shares, even if their
original value was close to zero.
- You pay no capital gains tax on any appreciation
that has taken place in the shares.
- Under certain conditions, you may be able
to use closely-held shares to fund a life-income arrangement, such as a FLIP
Unitrust.
- You can have the satisfaction of making a
significant gift that benefits both you and Northeastern during
your lifetime.
More
- Read more detail. Click
here.
For more information
If you are considering a gift of Business Interests, email us, complete the personal illustration form, or call us at (617) 373-2014 so that we can assist you through every step of the process.
Northeastern University
Office of Gift Planning
346 Richards Hall
360 Huntington Avenue
Boston,MA 02115-5000
(617) 373-2014 | Fax: (617) 373-5519
Gift planning content and Legacy Planner ©2008 VirtualGiving, Inc.