If you own closely held stock and it is transferable, it may provide a source for making a gift to Williams College. Gifts of closely held stock may qualify for a charitable income tax deduction based on the appraised fair market value of the stock. You may give such stock outright, use it to fund a life-income arrangement such as a Charitable Remainder Unitrust or FLIP Trust, or gift it through your estate. You may also use closely held stock to fund a Charitable Lead Trust. Since Williams College does not normally hold stock long-term, acceptance of closely held stock may depend on the company’s ability to redeem the stock. It is also important to note that gifts of closely held S-Corporation stock are now permissible to charities.

Because gifts of closely held stock can involve issues of valuation and other legal matters, they should be carefully reviewed by legal and tax counsel and discussed with the Office of Gift Planning before any arrangements are made.

For further information, call (413) 597-3538, email the Williams College Office of Gift Planning, or complete the personal illustration form on this website so that we can assist you through every step of the process.

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Appreciated Securities
Bequests
Pooled Income Funds
Charitable Gift Annuities
Charitable Remainder Trusts
Charitable Lead Trusts
Real Estate

Gifts of Other Assets
How to give other assets, such as: Retirement Plans, Charitable Bargain Sales, Closely-Held Stock, Partnership Interests, Tangible Personal Property, and Life Insurance.