Closely Held Business Stock

Closely Held Business Stock Diagram. Description of image is listed below.

How It Works

  1. You make a gift of your closely held stock to UT Health Sciences 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. UT Health Sciences 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
  • UT Health Sciences receives a significant gift

 

Contact Us

Bethany K. Goolsby, JD
Associate Vice Chancellor for Development
(901) 448-8212
bgoolsby@uthsc.edu

The University of Tennessee
Health Science Center
62 S. Dunlap, Suite 500
Memphis, TN 38163

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The University of Tennessee Foundation Inc., is the preferred channel for all private contributions that benefit students and faculty within the UT System.