Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to the Empire State College 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 Empire State College 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 Empire State College Foundation receives a significant gift

More Information

Contact Us

Toby Tobrocke
Director of Development
518-580-4805
Toby.Tobrocke@esc.edu

 

The Empire State College Foundation
28 Union Ave.
Saratoga Springs, NY 12866

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Disclaimer

Questions?

We are always happy to hear from alumni, students, and other friends of the college.

For general inquiries, dial extension 2248.
Our fax number is 518-580-0700.

800-847-3000