North Park University - Chicago North Park University - Chicago

Closely Held Business Stock

Closely Held Business Stock Diagram

How It Works

  1. You make a gift of your closely held stock to North Park 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. North Park 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
  • North Park receives a significant gift

More Information

CONTACT US

Jon Heintzelman
Senior Advancement Advisor
plannedgiving@northpark.edu
(773) 244-5790

 

Office of Advancement
North Park University
3225 W. Foster Avenue, Box 6
Chicago, IL 60625

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