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Getting Started
Going Further

Meet Our Staff

Contact Us

Office of Trusts, Estates, and Gift Planning
Cornell University
130 E Seneca Street, Suite 400
Ithaca, NY 14850
Phone: 1-800-481-1865
Fax: 607-254-1204
Email:
gift_planning@cornell.edu

Disclaimer

Closely Held Business Stock

Closely-Held-Business-Stock.png

 

How It Works

  1. You make a gift of your closely held stock to Cornell University 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. Cornell University 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
  • Cornell University receives a significant gift

More Information

Contact Us

Office of Trusts, Estates, and Gift Planning
Phone: 1-800-481-1865
Fax: 607-254-1204
Email: gift_planning@cornell.edu

 

Cornell University
130 E Seneca Street, Suite 400
Ithaca, NY 14850