Gift Planning

Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to UAlbany and get a qualified appraisal to determine its value
  2. You receive a charitable income-tax deduction for the full fair-market value of the stock
  3. UAlbany may keep the stock or offer to sell it back to your company

Benefits

  • You receive an income-tax deduction for the fair-market value of stock
  • You pay no capital-gain tax on any appreciation
  • Your company may repurchase the stock, thereby keeping your ownership interest intact
  • UAlbany receives a significant gift

More Information

Contact Us

Lori A. Matt-Murphy
Associate Vice President, Planned Giving
Phone: (518) 437-5090 Toll Free: (888) 226-5600
lmatt-murphy@albany.edu

 

University at Albany
Office of Gift Planning
1400 Washington Avenue, UAB 226
Albany, NY 12222

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