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Closely Held Stock: Is This Gift Right for You?

Review this checklist to see if you may benefit from donating closely held stock. Then, consult your professional legal and tax advisors to see how to maximize the benefits of this tax-efficient strategy for making a difference at PETA.
  • You are a majority shareholder in a closely held corporation.
  • You would like to remove retained earnings from the corporation, without having them taxed again.
  • You would like to support our important work.
  • You would like to maintain a controlling position in the corporation's outstanding stock.

Tax TipTax Tip
Your gift of closely held stock will reduce your percentage interest in the corporation if you own less than 100 percent. If you own all the stock, however, a gift of a portion, followed by a redemption, will leave you still owning 100 percent of the outstanding stock.

We Can Help
Please contact Tim Enstice at 757-962-8213 or plannedgiving@peta.org if we can answer any questions you may have about whether this gift option is right for you and how you can benefit. We're happy to help you, at no obligation.


Your Next Steps
Getting Started | Is This Gift Right for You? | Case Study | How to Complete Your Gift

Almost all of us grew up eating meat, wearing leather, and going to circuses and zoos. We never considered the impact of these actions on the animals involved. For whatever reason, you are now asking the question: Why should animals have rights? Read more.

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People for the Ethical Treatment of Animals
501 Front St., Norfolk, VA 23510 | 757-622-PETA (7382) | 757-622-0457 (fax)
PETA is a nonprofit, tax-exempt 501(c)(3) corporation.