Closely Held Business Stock

A business owner who contributes closely held stock to Valpo 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 Valpo for cash. This not only enables the donor to retain complete control over the company but also makes cash available to Valpo for its current needs. As long as Valpo is not obligated to sell the stock to the corporation, the transaction should produce no adverse tax results.

More Information

CONTACT US

Christy Graf
Director of Major and Planned Giving
(219) 464-6152
giftplanning@valpo.edu

 

Advancement
Valparaiso University
1100 Campus Drive South
Valparaiso, IN 46383

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