If you hold stock in a closely held business, you may be able to use that stock as a powerful way to support our future.
Closely held stock* is most often used to support our work in the form of an outright gift. You can make a gift of closely held stock as long as the constituting documentation for the business permits additional owners and it is debt-free. The donation of closely held stock first requires you to value the interest in the business entity.
Review the checklist below to see if you may benefit from donating closely held stock. Then, consult your professional legal and tax advisors to see how to maximize the benefits of this tax-efficient strategy.
- You're a majority shareholder in a closely held corporation.
- You'd like to remove retained earnings from the corporation, without having them taxed again.
- You'd like to maintain a controlling position in the corporation's outstanding stock.
- You'd like to avoid capital gains taxes on the shares you donate to Ronald McDonald House Charities of San Diego.
- You'd like to receive a federal income tax deduction for the full appraised value of the gift.
- You'd like to support our mission.
Click on the links below to see the additional ways to fund your gift with closely held stock:
* A gift of closely held stock requires special handling, so you should always consult with your legal or tax advisor first.