Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to the University of Illinois Foundation 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. The University of Illinois Foundation 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
  • The University of Illinois Foundation receives a significant gift for the benefit of UIS

More Information

Contact Us

Justin Seno
Associate Director of Gift Planning
Office of Gift Planning and Trust Services
University of Illinois Foundation
1305 W. Green Street, MC-386
Urbana, IL 61801
(217) 244-8273 phone
(217) 333-5577 facsimile
jtseno@uif.uillinois.edu

 

University of Illinois Foundation
1305 W. Green Street
Urbana, IL 61801

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