Privately Held Stock

Gifts of non-publicly traded securities may be attractive way to make a charitable gift – under the right circumstances.

The Northshore Schools Foundation Endowment may accept the gift if our Executive committee can determine an appropriate method of sale. If accepted, you receive an income tax deduction for the fair-market value of stock and pay no capital gain tax on any appreciation. Your company may repurchase the stock, thereby keeping your ownership interest intact. The Northshore Schools Foundation Endowment also receives a significant gift.

How It Works

You make a gift of your closely held stock to Northshore Schools Foundation and get a qualified appraisal to determine its value.

You receive a charitable income tax deduction for the full fair-market value of the stock.

Northshore Schools Foundation may keep the stock or offer to sell it back to your company.

Please contact us at legacy@nsdfoundation.org to discuss details.