Closely Held Business Stock

A business owner who contributes closely held stock to OU will be allowed a charitable deduction for the fair-market value of the stock. An additional benefit is that the donor will escape the potential capital-gain tax on any appreciation in the value of the stock.

Subsequent to the gift, the corporation could purchase the stock from OU for cash. This not only enables the donor to retain complete control over the company but also makes cash available to OU for its current needs. As long as OU is not obligated to sell the stock to the corporation, the transaction should produce no adverse tax results.

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Contact Us

Colette O'Connor
Sr. Director of Planned Giving
(248) 370-3698
oconnor@oakland.edu

Oakland University
Office of Planned Giving
John Dodge House
507 Golf View Lane
Rochester, MI 48309
Federal Tax ID Number: 38-1714400

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