06/29/07 11:10 AM






 

Gifts of Business Interests

CLICK HERE FOR A DETAILED EXPLANATION

How it works

You give shares of closely-held stock to Spelman College.

Spelman College receives dividends from the stock, or offers the stock back to your company for redemption or re-purchase.

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.
  • You have the satisfaction of making a significant gift that benefits both you and Spelman College during your lifetime.

More

To learn more about gifts of business interests, Email us, complete the Information Request Form, or call us at so that we can assist you.




Spelman College
350 Spelman Lane, S.W., Box 1551
Atlanta, GA 30314
(404) 270-5126 | Fax: (404) 270-5050