Gifts of Business Interests
Closely held stock
How it works
You give shares of closely-held stock to San Diego Symphony Foundation.
The Symphony 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 the Symphony during
your lifetime.
For more information
Email
us, complete the personal illustration form,
or call us at (619) 237-1964 so that we can assist
you through every step of the process.
San Diego Symphony Foundation
1245 Seventh Ave
San Diego, CA 92101
(619) 237-1964
