Charitable Giving Strategies for the Business Owner

Closely Held Stock

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 this checklist 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 for making a difference.

  • You are a majority shareholder in a closely held corporation.
  • You would like to remove retained earnings from the corporation, without having them taxed again.
  • You would like to maintain a controlling position in the corporation's outstanding stock.
  • You would like to avoid capital gains taxes on the shares you donate to Rose Community Foundation.
  • You would like to receive a federal income tax deduction for the full appraised value of the gift.
  • You would 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.

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Delay Your Payments

If you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement. To learn more, view and download the free guide Plan for Retirement With a Deferred Gift Annuity.

An Example of How It Works

See How It Works

Next Steps

  1. Contact Judy Altenberg at 303.398.7407 or jaltenberg@rcfdenver.org for additional information on giving a gift of closely held stock.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Rose Community Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Rose Community Foundation
Address: 4500 Cherry Creek Drive South, Suite 900, Denver, Colorado 80246
Federal Tax ID Number: #84-0518447