Closely held stock

How it works

	You give shares of closely-held stock to the Guggenheim.
	The Guggenheim may hold the stock or, depending on the circumstances, sell or redeem the shares.

Benefits

• You receive donor recognition and an immediate income tax deduction for the appraised value of your shares, even if their original value was close to zero.
• You pay no capital gains tax on any appreciation that has taken place in the shares.
• Under certain conditions, you may be able to use closely-held shares to fund a life-income arrangement, such as a FLIP Unitrust.
• You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits you during your lifetime and the Guggenheim later.

For more information

E-mail us, complete the personal illustration form, or call us at 212 423 3500 so that we can assist you through every step of the process.

Solomon R. Guggenheim Foundation
1071 Fifth Avenue
New York, NY 10128-0173
212 423 3500