Webb School of Knoxville
Webb School of Knoxville

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support webb choral students singing and performing in stands

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 Webb 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. Webb 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
  • Webb receives a significant gift

Contact Us

Hugh Nystrom '85
Director of Advancement
865.291.3837
Hugh.Nystrom@webbschool.org
Webb School of Knoxville
9800 Webb School Drive
Knoxville, TN 37923
Federal Tax ID: #62-0550980

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