Closely Held Business Stock

Closely Held Business Stock Diagram. Description of image is listed below.

How It Works

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

 

Federal Tax ID Number: 13-1623929


Contact Us

Brian McGinley
Director of Development
Office: (646) 791-0291
bmcginley@cnewa.org

Catholic Near East Welfare Association
220 East 42nd Street
New York, NY 10017

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