Gifts of Business Interests
Closely held stock
How it works
 You give shares of closely-held stock to Rochester Institute of Technology.
 RIT offers the stock back to your company for redemption or re-purchase and uses the proceeds for its programs.
Benefits
- You receive gift credit 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 that benefits both you and RIT during
your lifetime.
For more information
Email
us, complete the personal illustration form,
or call us at 1 (800) 477-0376 so that we can assist
you through every step of the process.
Rochester Institute of Technology
116 Lomb Memorial Drive
Rochester, NY 14623
1 (800) 477-0376
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